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If/when Reddit IPOs I look forward to the shenanigans /r/wsb and friends will play. Given that reddit primary relies on the free labour of moderators, I can see

If/when Reddit IPOs I look forward to the shenanigans /r/wsb and friends will play. Given that reddit primary relies on the free labour of moderators, I can see co-ordinated mod strikes occurring with the purpose of hurting the share price as a way of making reddit hq pay attention.

bombcar 6y ago
I suspect r/wsb will run afoul of some not-quite-applicable rule before the S-1 is filed.
- slap_shot 6y ago
  Can you expand on what you mean by that?
  - maxfurman 6y ago
    GP is implying that the admins will find a way to take down WSB if it does in fact ever threaten Reddit's IPO, whether or not any actual rule breaking occurs. Which wouldn't be completely unheard of for Reddit.
    - bombcar 6y ago
      Exactly. They've done it before and if the SEC starts asking pointed questions or even a bad NY Times article that threatens the IPO, WSB will be gone super fast.
    - Shivetya 6y ago
      I agree with what is implied, Reddit is provided quite a bit of cover in this area, they could simply say they did it to prevent possible legal issues that they would be liable for. Of course this does not stop them from using their Discord to effect any action they want. I am still waiting to see how Congress acts overall to the likes of WSB and trading apps in general. I am betting they will have some wonderful sounding law with all sorts of wording claiming it is to protect the unwitting amateurs while in fact simply protecting their wall street donors from these amateurs upsetting their apple cart.
    - commandlinefan 6y ago
      > wouldn't be completely unheard of I'd phrase that as "is standard operating procedure", actually.
      - jodrellblank 6y ago
        It's standard operating procedure for admins to take down subs which threaten their IPO? It's standard operating procedure for admins to take down subs? Since there are subs, it clearly isn't. Downvoted for being obviously wrong flamebait. Reddit gets comments on HN like StackOverflow does - "I went there once and something I posted wasn't popular, the whole site is garbage filled with $people_I_hate and the admins are terrible and delete everything!"
- Red_Leaves_Flyy 6y ago
  How's reddit going to handle 500 mods going awol?
  - optimalsolver 6y ago
    Reddit replaces moderators on popular subs all the time. There are thousands of people who would accept the position.
    - madamelic 6y ago
      Not to mention the supermods who are thinly veiled employees / contractors of Reddit.
      - w0de0 6y ago
        Are they truly as fungible as the parent comment suggests? If they are indeed "thinly veiled employees / contractors of Reddit" that would imply some not immediately replaceable value in their work, stemming from informal training, donation of time, tolerance for redditors, etc. If so, indeed they may strike and indeed they may be in the right demanding some part of an IPO's value.
- penagwin 6y ago
  I doubt this, reddit seems to have embraced the attention wsb has gotten them (see their super bowl ad). While I can see shenanigans with replacing mods, I don't see them shutting down the subreddit.
nojito 6y ago
>I can see co-ordinated mod strikes occurring with the purpose of hurting the share price as a way of making reddit hq pay attention. For every mod that goes on strike, many more people will step up to take over. Most of the mod work in the high volume subs are through automod anyway.
- Macha 6y ago
  If it comes to Reddit Inc replacing the mods, that will likely be a relatively unpopular move for at least the short term until people forget. The stock price harm is less from the site disruption but more for continuing the site's reputation as hard to monetise.
- Graffur 6y ago
  In my experience, automod ruins subs. Post something.. get notification.. removed by automod
  - ddingus 6y ago
    Depends on how it is used. There are options beyond removal and a notice.
Cthulhu_ 6y ago
I for one don't believe a company's politics - public or otherwise - have a significant impact on share prices. Rich or many people buying and selling though.
hntrader 6y ago
Reddit influence is long-only without exception.

bombcar 6y ago

I suspect r/wsb will run afoul of some not-quite-applicable rule before the S-1 is filed.

slap_shot 6y ago
Can you expand on what you mean by that?
- maxfurman 6y ago
  GP is implying that the admins will find a way to take down WSB if it does in fact ever threaten Reddit's IPO, whether or not any actual rule breaking occurs. Which wouldn't be completely unheard of for Reddit.
  - bombcar 6y ago
    Exactly. They've done it before and if the SEC starts asking pointed questions or even a bad NY Times article that threatens the IPO, WSB will be gone super fast.
  - Shivetya 6y ago
    I agree with what is implied, Reddit is provided quite a bit of cover in this area, they could simply say they did it to prevent possible legal issues that they would be liable for. Of course this does not stop them from using their Discord to effect any action they want. I am still waiting to see how Congress acts overall to the likes of WSB and trading apps in general. I am betting they will have some wonderful sounding law with all sorts of wording claiming it is to protect the unwitting amateurs while in fact simply protecting their wall street donors from these amateurs upsetting their apple cart.
  - commandlinefan 6y ago
    > wouldn't be completely unheard of I'd phrase that as "is standard operating procedure", actually.
    - jodrellblank 6y ago
      It's standard operating procedure for admins to take down subs which threaten their IPO? It's standard operating procedure for admins to take down subs? Since there are subs, it clearly isn't. Downvoted for being obviously wrong flamebait. Reddit gets comments on HN like StackOverflow does - "I went there once and something I posted wasn't popular, the whole site is garbage filled with $people_I_hate and the admins are terrible and delete everything!"
Red_Leaves_Flyy 6y ago
How's reddit going to handle 500 mods going awol?
- optimalsolver 6y ago
  Reddit replaces moderators on popular subs all the time. There are thousands of people who would accept the position.
  - madamelic 6y ago
    Not to mention the supermods who are thinly veiled employees / contractors of Reddit.
    - w0de0 6y ago
      Are they truly as fungible as the parent comment suggests? If they are indeed "thinly veiled employees / contractors of Reddit" that would imply some not immediately replaceable value in their work, stemming from informal training, donation of time, tolerance for redditors, etc. If so, indeed they may strike and indeed they may be in the right demanding some part of an IPO's value.
penagwin 6y ago
I doubt this, reddit seems to have embraced the attention wsb has gotten them (see their super bowl ad). While I can see shenanigans with replacing mods, I don't see them shutting down the subreddit.

nojito 6y ago

>I can see co-ordinated mod strikes occurring with the purpose of hurting the share price as a way of making reddit hq pay attention. For every mod that goes on strike, many more people will step up to take over. Most of the mod work in the high volume subs are through automod anyway.

Macha 6y ago
If it comes to Reddit Inc replacing the mods, that will likely be a relatively unpopular move for at least the short term until people forget. The stock price harm is less from the site disruption but more for continuing the site's reputation as hard to monetise.
Graffur 6y ago
In my experience, automod ruins subs. Post something.. get notification.. removed by automod
- ddingus 6y ago
  Depends on how it is used. There are options beyond removal and a notice.

Cthulhu_ 6y ago

I for one don't believe a company's politics - public or otherwise - have a significant impact on share prices. Rich or many people buying and selling though.

hntrader 6y ago

Reddit influence is long-only without exception.