Reddit Migration

458 readers

1 users here now

### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

founded 1 year ago

Reddit CEO tells employees that subreddit blackout ‘will pass’ (www.theverge.com)

submitted 1 year ago by Kara@kbin.social to c/RedditMigration@kbin.social

63 comments fedilink hide all child comments

Spez, and Reddit as a whole is basically counting on most subreddits opening back up tomorrow after the 48-hour period.

Really hope that mods can hold out for longer, make them really panic.

you are viewing a single comment's thread
view the rest of the comments

[–] ErraticDragon@kbin.social 0 points 1 year ago

No. I mentioned that:

Forbes did mention it in their most recent article, but the majority of the drop in valuation was last year.

The "new" valuation, 41% lower than their investment, was announced in April 2023.