Analysts have opined that social platform Reddit will need to invest more in content regulation in the coming months following its Initial Public Offering (IPO).
Market watchers say this is likely due to the increasing scrutiny the platform would face as a public company. Its present reliance on individual volunteers to check community guidelines may not be sufficient going forward, Reuters reported.
The firm recently pulled an impressive IPO that has financial experts talking about the company’s prospects as a public entity including its internal content management.
More Investment in Regulation
Josh White a former economist at the United States Securities and Exchange Commission (SEC) notes that Reddit’s reliance on free moderation is a huge risk for the platform. Going further, he added that the firm needs to spend on curbing misinformation pointing to the upcoming US Presidential elections.
Julian Klymochko the CEO of Accelerate Financial Technologies stated that rely
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