this post was submitted on 25 Jul 2023
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See I think you have it twisted. We need a good mix of both.
If site traffic plummets thats bad for Spez, if place is a giant "fuck spez" banner and it gets reported on by tech news and legitimate financial news its also bad for spez.
If investors look at the blackout and the desperate scrambling for volunteers to mod subs, and a traffic decline AND the fact that the administration cant seem to do anything about some members turning place into a monkey shit fight at the zoo... Some of them might just realise that Reddit is a very risky investment.
I still say if this wasn't exactly what the corporate management of Reddit wanted, then it would have been taken down by now though.
Why else would it exist? They've already proven that they won't hesitate to censor/destroy anything that's not in line with their plans for the IPO, so it doesn't make sense that this one thing would be beyond their control in any way whatsoever.