this post was submitted on 13 Jun 2023
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my wife still uses reddit every day and had no idea about the protests or blackout
Reddit, particularly the AMA and the blackout, have been broadly covered repeatedly over the past week by global media including targeted business media (BBC, The New York Times, Bloomberg, The Japan Times, Reuters, Toronto Star, CBC, Business Insider India, NASDAQ.com, just to name a few). This coverage in traditional media cannot help (1) valuation estimates of Reddit or (2) acceleration of an IPO if either is the goal of u/spez's current posture toward Apollo, etc. Reddit's management practices appear a catastrophic mess to the investor community which is the worst possible outcome for u/spez's longevity as CEO.
Reddit’s management practices appear a catastrophic mess to the investor community which is the worst possible outcome for u/spez’s longevity as CEO.
Well that's certainly hopeful news.