Reddit at a crossroads: The inevitable clash between free speech and a desire for funding

Gigaom

It’s more a cruel coincidence than outright irony, but Reddit finds itself this week at the confluence of two streams, and both of them sum up the site in different ways — one pointing towards the past, and one towards the future. At the same time that the site has come under fire for its role in distributing stolen nude photos of celebrities, it is also rumored to be working on a venture financing round that could value the company at more than half a billion dollars. Will Reddit’s desire for funding trump its legendary commitment to free speech?

Reddit wasn’t actively involved in the hacking of iCloud accounts that led to the publication of hundreds of nude photos of celebrities such as actress Jennifer Lawrence and model Kate Upton, but the site quickly created a forum or sub-Reddit devoted to the pictures — or rather, users of the site…

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By J. Catherine Andrew Posted in Blog

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