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by hogFeast
1647 days ago
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They are going to get popped by journos. Twitter got popped left and right by journos and this was despite the platform being a huge source of revenue for the media, and the owner's politics. The week they go public, the stories will start getting published about the content on there, the weak moderation (community moderation...lol), journos sending emails to companies asking whether they like their ads appearing along X or Y figure, etc. The line that Huffman has taken before on this stuff (basically live and let live) works if you are private. It will go down extremely badly after the IPO. Sorry. Reddit is already dead. (Btw, I have no idea why this is...it makes no logical sense because being a public company changes nothing. But the media seems to understand that they can print something, that thing can potentially move the stock, and then they can bounce management into doing something). |
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Remember /r/TheDonald? Or /r/jailbait? /r/coontown?
I mean, yes, it's a very low bar, but they deserve some commendation for making an effort that, I feel, paid off.
As far as being popped by journos, I feel like reddit has been on the radar for quite a while, and fared well under fire. Take /r/HermanCainAward, which got some pretty negative (and, I feel, misguided) press. The sub is not only still there, it's (quite sadly) thriving. (Sadly because nobody should receive that "award", but given quite a surplus of qualified recipients, something like that sub serves a purpose. Everyone there will be happy the day the sub stops being active because of lack of submissions, but alas, that day is yet to come).
So after catching flack, /r/HermanCainAward told people to cross out faces and names if they are not a public figure - and that seems to work fine with everyone. Like, the journos are not vultures: they picked on that sub, and the outcome was that it improved. When people are civil to each other, the journos don't a hot scathing article to print.
Getting popped by journos can be a good thing. Maybe some of them will write a hit piece on how waiting for 7 seconds for a text page to load is shameful in 2021.