When you’re trying to gain traction on a new and free website it’s one thing (Reddit essentially started this way)…but if you’re trying to sell the company to investors this should be a crime.
When you’re trying to gain traction on a new and free website it’s one thing (Reddit essentially started this way)…but if you’re trying to sell the company to investors this should be a crime.
And if the latter is not fraud but legitimate usage of the site, then it seems like there could be a huge gray area of plausible deniability that the owner was simply using the site the same way that anyone else could (albeit with a streamlined interface).
But when the actions are done in an attempt to trick individuals weighing financial incentives? That becomes much more murky. Had they bootstrapped these communities prior to the IPO filing? Fine. After the spotlight is on them to prove organic growth for the IPO? Murky.
Strong disagree, reading such things habitually is corrosive to the mind and turns people bitter. For reddit to recommend and promote ragebait subreddits to their user is deeply unethical. And to create fraudulent ragebait content, to make people vicariously mad about something that didn't even happen, is evil on par with being a tobacco advertiser.