Breakingviews - Reddit’s golden geese foul up its IPO plans
Breakingviews - Reddit’s golden geese foul up its IPO plans
Reddit is used to brawls between its 57 million daily users. Now its keyboard warriors are directing their ire at its CEO, Steve Huffman. Thousands of moderators overseeing the site’s so-called subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature.
Reddit is used to brawls between its 57 million daily users. Now its keyboard warriors are directing their ire at its CEO, Steve Huffman. Thousands of moderators overseeing the site’s so-called subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature.
Was it the lies, deception, clumsy manoeuvring or the monetisation and exploitation of users that did it?
It's all that and their misguided fascination for Musk and Twitter.