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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock. (www.theverge.com)

submitted 8 months ago by L4s to c/technology

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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

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[–] ilinamorato 36 points 8 months ago (3 children)

Reddit warned us that its users were a risk factor

This means they're positioning themselves solely as a source of training data. If their users are a risk factor, not the entire product, they're completely uninterested in maintaining a user base and think that what they have is all they'll ever need to sell.

[–] ghterve 2 points 8 months ago (1 children)

I'm not sure that conclusion follows. There are many more potential future users than there are current users.

[–] ilinamorato 4 points 8 months ago

That's the logical framing. But if they believed that, they wouldn't call their users a risk factor; they'd be the entire product.

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