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bombcar

I suspect r/wsb will run afoul of some not-quite-applicable rule before the S-1 is filed.

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I doubt this, reddit seems to have embraced the attention wsb has gotten them (see their super bowl ad).

While I can see shenanigans with replacing mods, I don't see them shutting down the subreddit.

How's reddit going to handle 500 mods going awol?

Reddit replaces moderators on popular subs all the time.

There are thousands of people who would accept the position.

Not to mention the supermods who are thinly veiled employees / contractors of Reddit.

Are they truly as fungible as the parent comment suggests? If they are indeed "thinly veiled employees / contractors of Reddit" that would imply some not immediately replaceable value in their work, stemming from informal training, donation of time, tolerance for redditors, etc.

If so, indeed they may strike and indeed they may be in the right demanding some part of an IPO's value.

Can you expand on what you mean by that?

GP is implying that the admins will find a way to take down WSB if it does in fact ever threaten Reddit's IPO, whether or not any actual rule breaking occurs. Which wouldn't be completely unheard of for Reddit.

> wouldn't be completely unheard of

I'd phrase that as "is standard operating procedure", actually.

It's standard operating procedure for admins to take down subs which threaten their IPO? It's standard operating procedure for admins to take down subs? Since there are subs, it clearly isn't. Downvoted for being obviously wrong flamebait. Reddit gets comments on HN like StackOverflow does - "I went there once and something I posted wasn't popular, the whole site is garbage filled with $people_I_hate and the admins are terrible and delete everything!"

Exactly. They've done it before and if the SEC starts asking pointed questions or even a bad NY Times article that threatens the IPO, WSB will be gone super fast.

I agree with what is implied, Reddit is provided quite a bit of cover in this area, they could simply say they did it to prevent possible legal issues that they would be liable for. Of course this does not stop them from using their Discord to effect any action they want.

I am still waiting to see how Congress acts overall to the likes of WSB and trading apps in general. I am betting they will have some wonderful sounding law with all sorts of wording claiming it is to protect the unwitting amateurs while in fact simply protecting their wall street donors from these amateurs upsetting their apple cart.

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