this post was submitted on 09 Jun 2023
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It won't happen. Reddit is dying. The culture has had a massive shift and you simply don't recover from that. When they have their IPO it will be very telling.
But based on this fiasco, any sane investor would have some serious reservations about the leadership of Reddit but its future in the social networking space.
They pissed off a LOT of people, and those people are the ones that create all of the content.
But look across the social media spectrum. FB, Twitter, Reddit. All of them are just tanking.
We are on the precipice of a big paradigm shift in how we communicate with one another online.
It honestly feels like a perfect storm to me