diffuselight@lemmy.worldtoReddit@lemmy.world•As a 14-year long user, the new Fisher Price UI makes me sad :( What have they done to you, Reddit?
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1 year agoit’s facebook….
You don’t show full posts because then your team gets to count an ‘active’ user when people click to expand.
Metrics becoming the goal 101 and active user growth is important to get investors to hold the bag for your VCs. Every action right now, that the VC money is getting scarce is aimed at making Reddit look like a profitable target for street investors so your VCs can cash out. Doesn’t matter if what you do isn’t sustainable, because you are the VCs bitch now and they want their payout before you crash and burn.
I’m guessing the idea here is to eventually sell out to a corporate operator