Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.
Yeah I tend to agree. I think all communities have a critical mass and past that point they go downhill.
I was just googling for the rat overpopulation experiment because I think it works as a great example of this and it turns out this whole concept has a term.
https://en.wikipedia.org/wiki/Behavioral_sink
I think a better metaphor is fermentation.
It happens naturally whenever the ingredients are brought together but in order to get a quality product you need ridiculous amounts of knowledge, process, and technology.
And even a tiny bit of the wrong bacteria can ruin an entire batch, but people will still drink it and go blind.