Having been a long-time user of Wikia (now Fandom) as well as Reddit, it's been interesting to see Reddit go down the same path Wikia did. In my opinion, both websites started out similarly: somewhat simply designed, focused on content, and with room for communities to form themselves. Over time, both websites started pushing harder for monetization and in the process, made changes to prioritize advertising over content, and started pressuring communities to behave and interact in approved ways. It doesn't look like either website is struggling or likely to go under financially, but the charm and community of their younger iterations is definitely gone.