The difference between now and then though, is they were a private company.
Unless they disclose they use bots to post content and make the site look active, any use of user count and engagement for any aspect of the company becomes fraud as its misleading investors.
Oh we have 1 million posts an hour! Fraud.
Oh we have 100 million monthly active users! Fraud!
Investors Q/A - do you use bots? Answer No. Fraud.
The difference between now and then though, is they were a private company.
Unless they disclose they use bots to post content and make the site look active, any use of user count and engagement for any aspect of the company becomes fraud as its misleading investors.
Oh we have 1 million posts an hour! Fraud.
Oh we have 100 million monthly active users! Fraud!
Investors Q/A - do you use bots? Answer No. Fraud.
Fraud doesn’t really stop a big company, if they can get away with it.
Facebook for example.
And whose to say it’s not them directly, but a “third party who Reddit pays for user acquisition” services?