By now, I’m sure you’ve heard about the Reddit protests and blackouts but what exactly is going on with Reddit? Why are people protesting and why did the pro...
The protests failed the original goal, since the API prices didn’t change.
However, they still count as a win for me, as I believe that they damaged Reddit’s ability to generate value (long-term ability to operate and generate profit). This will make the company look far less profitable for people potentially buying shares in the IPO, and make the IPO far less profitable for the current shareholders.
The protests failed the original goal, since the API prices didn’t change.
However, they still count as a win for me, as I believe that they damaged Reddit’s ability to generate value (long-term ability to operate and generate profit). This will make the company look far less profitable for people potentially buying shares in the IPO, and make the IPO far less profitable for the current shareholders.