Content warning: This article contains numerous examples of bigoted rhetoric. Users on Reddit’s “r/conspiracy” forum have repeatedly and openly posted anti-LGBTQ content for years without pushback, despite the platform’s rules prohibiting “hate based on identity or vulnerability” and anti-LGBTQ “groomer” rhetoric. Reddit has a history of taking action against other subreddits that have violated those rules. A Media Matters review of r/conspiracy since May 2020 found a widespread pattern of anti-LGBTQ hate, which includes accusing the LGBTQ community of grooming, having “mental illness,” and associating with pedophilia.
they NEED the traffic ~ at least until the IPO anyway…
Haven’t they lost about 2/3 of their value since announcing their intent to IPO? I can’t remember the exact number, but I do remember their valuation cratered and that was before the whole API thing.
They really should pull the IPO. Right now it just looks like the stakeholders are trying to cash out at any valuation because they know the service is heading into the trash heap.