think of it this way - back in 2008 100% of the users had accounts made on or before 2008

reddit has doubled something like 8 times since that point. after 1 doubling, that 2008 or earlier becomes 50%. after 2 doublings, 25%... etc

at this point it's below 1~2% depending on where you get your figures

majority of people (and an increasing majority) will only know reddit through new.reddit or the app. my gf just joined reddit because of me a few months ago.. and she only know the official app. that is "reddit" to her.

reddit has moved on past us, the original users. they've decided that we are such a small minority that we essentially do not matter anymore and therefore are sacrificing us to raise IPO price