- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
‘Front page of the internet’: how social media’s biggest user protest rocked Reddit::A mass user protest six months ago over technical tweaks had big downstream effects, and now the ‘front page of the internet’ is changed for ever
It will definitely affect the ipo. Ipo’s are all based on expected growth. Any loss of users, mods, content, etc affects that. It was already in the news that whatever company wrote down the value of their holdings.
And people are getting wise to traffic numbers being inflated by bots.
In fact, they’ve already failed their quarterly projections from ad revenue which has already negatively affected their IPO evaluation.