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Reddit Ramps Up Its Threats To Protesting Mods, As Ad Buyers Leave
(www.techdirt.com)
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this post was submitted on 30 Jun 2023
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These guys aren't happy with some support. They want all the support i.e. money. Feels like no tech corporation thinks about its products long term anymore. Just the most readily available cash grabs possible, even if it means possibly losing future revenue.
Well, as other people have said, it looks like they were preparing to sell Reddit, or take it public, or whatever, and they wanted to make it look as profitable and purchaseable as possible.
The end result is the same, but the reasoning is a bit different.
Anyhow, if that's true, I dare say they've achieved the opposite result now.
So, shall we start calling this 'the Reddit Effect?' We haven't had anything new to supplant the Streisand Effect for awhile, I feel like something like this is overdue
So the Reddit Effect would be a company trying to do something to raise it's value or make it look good that has the opposite effect?
I don't think there's another name for that, so sure, why not?