I think as Reddit ipos. You’ll see the numbers decline. They’ll have to adapt to a world where they have to report numbers and that’ll go over like a lead balloon. They’ll change moderation and community policies since advertiser will flee when they see the real numbers.

When Elon took over twitter, it exposed how many bots were on the platform and really how it wasn’t a great place to advertise. People want to say it was because of Elon but really it’s what Elon exposed.

Reddit is going to have the same experience.