Besides Reddit and Fediverse sites, how much do people know about what is going on?

I bet not much.

  • SmolderingSauna
    231·
    2 years ago

    Reddit, particularly the AMA and the blackout, have been broadly covered repeatedly over the past week by global media including targeted business media (BBC, The New York Times, Bloomberg, The Japan Times, Reuters, Toronto Star, CBC, Business Insider India, NASDAQ.com, just to name a few). This coverage in traditional media cannot help (1) valuation estimates of Reddit or (2) acceleration of an IPO if either is the goal of u/spez’s current posture toward Apollo, etc. Reddit’s management practices appear a catastrophic mess to the investor community which is the worst possible outcome for u/spez’s longevity as CEO.

    • Hypersapien@lemmy.worldOP
      11·
      2 years ago

      Reddit’s management practices appear a catastrophic mess to the investor community which is the worst possible outcome for u/spez’s longevity as CEO.

      Well that’s certainly hopeful news.

    • hydrospanner
      2·
      2 years ago

      Yeah I’m still doubtful that they’ll change course on any of this at this point, or that the protests will get any of the satisfaction they’re hoping for…but it seems like… perhaps even bigger picture… it’s hitting Reddit where it hurts the most for someone in spez’s shoes: image to investors, both personally and as a platform/product.

      When your idea of “tidying up the place to get ready for an IPO” galvanizes the community into action, creates personal drama with a local folk hero equivalent, triggers a strike that breaks the site, and makes the news for all the wrong reasons… that’s gotta make investors at least a little bit curious, I would think.

    • qprimed
      3·
      2 years ago

      i hope some in the VC and investor class are beginning to ask some hard questions.

  • qprimed
    11·
    2 years ago

    quite a few general tech sites and business/financial sites have been reporting it. if it might be of concern to investors, you can be sure its getting reported.

  • minode@szmer.info
    9·
    2 years ago

    In programming community it’s a well-known issue. Mostly because programmers often use reddit, but also because of the API discussions. A popular programming YouTuber - Fireship did a video on the topic.

  • passthepotato@aussie.zone
    7·
    2 years ago

    Not a single co-worker of mine would even understand what Reddit was. Some would be familiar with the word - in much the same way that I’m aware there is something called what’s app, but have never actually seen it - and like New Zealand, it may as well not even be there.

  • danielton@outpost.zeuslink.net
    5·
    2 years ago

    Most people I know have no idea what any of this means. Most of my friends are not technical, and I’m only aware of maybe two who use Reddit at all.

  • BobQuasit@beehaw.org
    5·
    2 years ago

    I talked to several non-technical people today, and all of them had heard at least something about it. They didn’t know a ton necessarily, but they were interested and asked me to explain. The mainstream news has been covering it at least a bit.

  • OrangeSliceM
    1·
    2 years ago

    Wish it was less widespread here tbh, but I figure it’ll die down ina couple weeks