Sometime this month, Reddit will go public at a valuation of $6.5bn. Select Redditors were offered the chance to buy stock at the initial listing price, which it hasn’t announced yet but is expected to be in the range of $31-34 per share. Regardless of the actual price,
The upside of that attack is that instance Admins had to raise their game and now most of the big instances are running anti-spam bots and sharing intelligence. Next time we’ll be able to move quickly and shut it all down, where this time we were rather scrambling to catch up. Then the spammers will evolve their attack and we’ll raise our game again.