“I don’t really see any good that can come from Reddit going public,” Dan M. told me. “Not to sound dramatic but it kinda feels like the final nail in Reddit’s coffin after years of degrading quality.”
Same, they treat their volunteer moderators like expendable cogs and all of their revenue depends on them. Add the new pressure of shareholders to the situation and it seems like a recipe for meh. Feels like someone’s cash out before the end.
The Verge
Update (3/9): LOL