Reddit must continue growing its ad and content licensing revenue to justify its market valuation, which could fast-track the platform’s “enshittification” (Farhad Manjoo/Slate)

Farhad Manjoo / Slate:
Reddit must continue growing its ad and content licensing revenue to justify its market valuation, which could fast-track the platform’s “enshittification”  —  If you spent $1,000 on shares of Tesla at the start of 2024, you’d be sitting on nearly $1,700 now—a 70 percent gain …