zlacker

Its pretty funny that Huffman did all this to try to juice IPO price by ~10% and probably will end up dropping IPO price by 40% vs if he had done nothing.

I wonder what shareholders think of his 'leadership'.

>>cwkoss+(OP)
"I must do something. This is something. I will do it."

>>cwkoss+(OP)
I wouldn't assume this would drop IPO price. If it winds up making reddit more profitable, that is.

>>93po+Ds
I would estimate 10+% of reddit has deleted their accounts, but most importantly, that 10% skews significantly toward 'power user'. Quality of content is already dropping apparently.

Not all investors will recognize that nuance, but 'reddit in chaos' was national news.

>>cwkoss+BC
> I would estimate 10+% of reddit has deleted their accounts

You'd be wrong.

>>TechBr+0K
I'd be surprised if it was 1%, even if we filter to daily active users.

Granted, 1% would still be a lot on this scale. So I'm not saying that as an insult.

>>TechBr+0K
OK, 10% of actually-active accounts. Reddit certainly has a huge number of zombie accounts - I think I have 3.