It’s not surprising. A lot of these CEOs run around in cliques. They have forums, news letters, Chatrooms, and social events. When Silicon Valley Bank went down, the CEO of the company I work for was giving us news from other CEOs he was talking to from a shared Chatroom they set up, basically a discord for CEOs.

The other point is that many CEOs are slaves to trend and have a deep fear of missing out.

In a way, they’re organized, and combined with the above, that’s part of why when one big company hops everyone leaps behind them as if they’re moving as one (it’s all a dick-measuring Highschool clique contest though, which is why I don’t use the word conspiracy). I would not be surprised if Huffman and Musk both repeated their rhetoric to an adoring crowd of fellows before they took it to their feeds. It’s maybe why they speak so brazenly, because there is a little echo chamber of people who worship at the altar of Survivorship bias in the hope that heaven will send them more bigger-dick pills.

Reddit employees will be able to easily know that more than 1000 subs went dark. They’re also probably well aware about how ad revenue works on the platform.

This message wasn’t really aimed at the employees. It was aimed at the MBAs and bankers who are preparing the IPO. It was meant for investors to say “everything is fine and this is normal…”