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1 year agoDid you read the article? That is exactly what the author addressed and why he thinks it is heading towards collapse based on his experiences with Friendster and MySpace. Now Reddit is much larger than either of those sites, so it may be more resilient to users leaving (Twitter being a good parallel here, and potentially in the same boat), but they are very much following in the same footsteps as those other websites.
Asianometry has an interesting video on the rise and fall of Daewoo that is definitely an interesting example on how not to run a business.
https://youtu.be/tEgayQwXo1g?si=kv_Ozu1bnbrxkJ1d