I’ve seen some rat-adjacent accounts tweeting about the subreddit purge- @Aella_Girl especially but also @eigenrobot and others- and I feel like they’re all missing an important piece of the puzzle - Reddit as a horribly underperforming business
In 2019 Reddit made $0.30 in revenue per monthly active user- that’s really fucking weak. Twitter and Facebook perform 30x(!!!) better on that metric! https://www.cnbc.com/2019/02/11/reddit-users-are-the-least-valuable-of-any-social-network.html
Why is Reddit so bad at making money?
It has better potential for contextual ads than literally anyone else since advertisers can target specific communities (ex: selling basketball merch on /r/nba), and there *should* be potential for targeted ads based on user data too
It has better potential for contextual ads than literally anyone else since advertisers can target specific communities (ex: selling basketball merch on /r/nba), and there *should* be potential for targeted ads based on user data too
The #1 cause of Reddit’s weakness is that their tradition of building shitty products extends to their adtech.
The #2 cause is that Reddit is a tool for building echo chambers, and some of those echo chambers look fucking horrifying to the normies who control advertising budgets
The #2 cause is that Reddit is a tool for building echo chambers, and some of those echo chambers look fucking horrifying to the normies who control advertising budgets
Jailbait, gamergate, incels, the_donald and it’s derivatives. Not to mention the *actual nazis*.
Ad budget normies have to worry that they’ll be tried in the court of public opinion and found guilty by association.
Ad budget normies have to worry that they’ll be tried in the court of public opinion and found guilty by association.
In 2019, Reddit received a huge funding round from profit-motivated parties like Tencent and Snoop Dog.
( is illuminating on Snoop’s perspective.)
They committed to bringing in more cash, which requires fixing Reddit’s image problem.
( is illuminating on Snoop’s perspective.)
They committed to bringing in more cash, which requires fixing Reddit’s image problem.
Now they’re deleting toxic-seeming-to-normies communities.
Which generates positive press like https://amp.theatlantic.com/amp/article/612958/
Which gives advertisers cover to use their product, especially if they’re “boycotting” Facebook.
Which generates positive press like https://amp.theatlantic.com/amp/article/612958/
Which gives advertisers cover to use their product, especially if they’re “boycotting” Facebook.
So here we are.
TLDR: Reddit purges are gentrification, not cancel culture.
TLDR: Reddit purges are gentrification, not cancel culture.