I think the OP was referring to "shutting down" in the sense of stopping development on their consumer-facing app. The article likely meant that they weren't "shutting down" in the sense that the employees will still be working together in more-or-less the same organizational structure as pre-acquisition.
Them shutting down is going to have some interesting side effects with their Github integration. Wish Github would buy them up and continue running the service.
I also believe there will be another drop when the apps actually are shut down. Now people are loggin in to get the last details without much hassle. I did this myself, it’s muscle memory to open Apollo and browse it, even with some subreddits closed. When the app are down… there will be the another spike, which Reddit has to overcome. At that moment I will most probably also shut down.
having seen the price increases as a user over the past four years, I can't imagine them shutting down for any reason. they should be sleeping on a bed of cash (I hope)
reply