Reddit, the community-driven platform, is facing backlash from its volunteer moderators over its impending Initial Public Offering (IPO). The company’s decision to go public has raised concerns about the platform’s future, as it heavily relies on over 60,000 unpaid moderators to manage its subreddits. These moderators, who have invested countless hours into the platform, are skeptical about the company’s prospects, given its history and the fact that it has never made a profit. The IPO could force significant changes in the platform’s operations, potentially disrupting the balance between the company and its users.
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