The subreddit r/steam, about the digital game storefront, received as many other subreddits a notice to open the community again, or else the mods would be replaced by those who abide.
The mods followed suit posting the following automod message under every new post:
As ya'll likely know, we've been dark to support the blackout against reddit's antagonistic behavior towards its own userbase. The admins sent us a message today saying we must open or get removed, so here we are.
For those of you browsing this subreddit on non-official apps (Reddit is Fun, Apollo, Sync, Boost, etc), they will break on July 1st due to reddit's new policies. We're opening back up but will leave permanent stickies in the subreddit and threads to keep folks in the know.
Our Discord [contains link to https://discord.gg/steam] server is active, don't forget to check it out.
Good luck and god speed.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
On visit, you quickly notice there is a community wide effort to focus on the literal topic of the given name and post about vapors, steam trains, and kitchen appliances. While posts about the gaming platform get downvoted.
Not really. The traffic they're getting from it is unsustainable and any would-be investor who is paying attention will notice this. This is really more a tactic to shatter the narrative that the mods do not represent the will of the general user and they are forcing the protests onto them.
I don't know why I keep forgetting about the upcoming IPO, but the point about investors is definitely a good one. I do agree that whatever happens, this is a huge signal that Reddit admins have fallen out of favor with their userbase, which is certainly not tenable for functional company.
Honestly, I'd be shocked if Huffman is still CEO in 6 months.
I pray he stays and has an Ozymandias future.
Would they? I'd assume they're getting most of their info from spaz, who will just point to the dip and then "see, number go up."
IPO's are risky for the investor. If the company is overvalued before the IPO, a huge chunk of money invested disappears almost immediately as the stock drops. So the big investors will be doing their research before putting their money in.
The only way to invest in Reddit is to short their stock.