this post was submitted on 29 Jun 2023
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That’s a recent quote from Reddit’s VP of community, Laura Nestler. Here’s more of it: This week, Reddit has been telling protesting moderators that if they keep their communities private, the company will take action against them. Any actions could happen as soon as this afternoon.

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[–] Prior_Industry 41 points 2 years ago (21 children)

Who is investing in Reddit at this point? I guess they can just dump their shares against etf buying.

[–] rockSlayer 23 points 2 years ago (13 children)

Well, WSB is planning to short the stock as soon as the IPO opens. Technically that's investing

[–] Hackerman_uwu 6 points 2 years ago (7 children)

Look, much like Kanye we love those guys but they’re jackasses.

[–] EchoVerse 5 points 2 years ago (3 children)

WSB was never the same after the $GME debacle.

[–] Mr_Blott 13 points 2 years ago (1 children)

Pretty sure that was also the catylst for the death of Reddit too. It became the new Facebook after everyone heard of it because of the news coverage

[–] CantankerousGay 2 points 2 years ago (1 children)
[–] Scary4 2 points 2 years ago

It was just another wave in eternal september imo, a big one but just another bit of notoriety for the website

[–] Smurgin 2 points 2 years ago

Pretty much, between COVID and GME, the sub 10x'd its users within a year and became a pool of the same handful of low tier memes that are cycled through every week.

[–] Mr_Blott 0 points 2 years ago

Pretty sure that was also the catylst for the death of Reddit too. It became the new Facebook after everyone heard of it because of the news coverage

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