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Reddit downplays risks of developer backlash, decentralized social media in its IPO filing

Reddit’s long-awaited IPO is nearing, promising to be the largest social media IPO since Pinterest. But in the company’s S-1 filing, Reddit fails to fully address the complications that arose from changes to its developer platform and API pricing, which late last year led to site-wide protests, communities going dark, site stability issues, and traffic […]

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source https://techcrunch.com/2024/02/23/reddit-downplays-risks-of-developer-backlash-decentralized-social-media-in-its-ipo-filing/

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