Digital Communities: WallStreetBets Style

Over the last few days, we’ve heard about the GameStop Reddit WallStreetBets saga playing out in the stock market. If you’re not familiar with it, you may want to read up on it. It will likely be remembered as a major historical event. The story centers around a Reddit community called WallStreetBets.

I’ve been a fan and user of digital communities since high school, and I’ve shared my thoughts about them in one of my daily posts. Some of these communities have helped me accelerate my learning and navigate unfamiliar situations, including my transition to corporate America and a new city.

What we’re witnessing is how powerful digital communities can be. Let me be clear: I’m not taking a position on current events. What I’m saying is that the fact that a group of ordinary people online can organize a call to action so big that it shakes Wall Street is a testament to the impact digital communities can (and will) have on our lives.

Love them or hate them, the people have spoken and digital communities are here to stay!