Reddit has launched a new /r/place instance. This move seems likely to be related to their recent policy shifts/commercialization to secure a favourable IPO and the associated backlash.

One week after the /r/place ends (or 30 days from now, whichever is sooner) will I belive this was a net positive move from a business perspective.

This will almost certainly drive up engagement / DAUs (which is presumably the objective) however it seems plausible that the content on the place (and associated media) will be unfavourable to Reddit and seen as unappealing to advertisers.

Resolves Yes if at the market close I believe all else equal this would increase Reddit's valuation (at some near-term listing), else No.

I will not trade in this market.