In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”
  • 👍Maximum Derek👍English
    46·
    4 months ago

    I’m surprised (but not upset) that WSB hasn’t set up a dedicated Lemmy server. Surely they must think they’ve grown big enough to not need reddit anymore.

      • Klear@sh.itjust.worksEnglish
        23·
        4 months ago

        I mean, for wallstreetbets that’s actually a good fit. It’s not like they’re creating a knowledge base, it’s just an endless stream of memes - exactly what discord was designed for.

    • EnderMB@lemmy.worldEnglish
      20·
      4 months ago

      Why would they? They have a platform in Reddit, and that’s a platform that people know. Lemmy is still fairly niche, so unless something happens like WSB getting deleted by the Reddit admins I don’t see why they’d bother.

        • EnderMB@lemmy.worldEnglish
          123·
          4 months ago

          To expand?

          Like adding a deck chair to a mega-yacht.

          Gain influence down the road?

          Lemmy has no influence. The only thing it tries to influence is moving people to Linux, and that’s been going poorly for the better part of two decades…

          Diversify?

          Without the two above, I don’t see the benefit.

          • GiddyGap@lemm.eeEnglish
            62·
            4 months ago

            I remember something similar being said about reddit back in the day.

            • EnderMB@lemmy.worldEnglish
              22·
              4 months ago

              I used Reddit alongside Digg, and it was rarely ever as empty as Lemmy.

              Many of the niche communities didn’t exist, sure, but the big subs were at least 10x larger than the big communities here.