So why does your CEO get paid quarter of a billion a year if they had to hike their APIs unreasonably and kill all 3rd party apps because "reddit wasn't profitable" despite not paying a dime to the mods running their website niether to contribitors, posters nor users ?!?! Reddit is scummier than Uber
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Honestly, I'm kinda looking forward to the IPO - because it might be the last enshittification straw that breaks the camel's neck that will finally drown reddit for what it has become.
Hope the IPO is a fucking disaster and Hufflepig goes bankrupt
Sounds like a hell of a lot of money for a CEO who kept insisting that he had to kill 3rd party apps because Reddit still isn't profitable.
Let's be real, they did it because they didn't want people training AI models without paying them. They didn't give a shit about 3rd party apps.
"Reddit isn't profitable because leadership is wildly incompetent, so let's pay them an exorbitant amount of money instead of using that money to properly fix things or make any genuine improvements to anything."
- CEOs anywhere
It really feels like all corporations do this.
Then the failed CEO gets another CEO gig because they've got "experience".
tldr: this will let you save money while you lose money
The loss porn will be great material for WallsStreetBets
Should have marked self harm/suicide
What's next? Reddit Coin? NFTs?
Maybe Shoes..
Doesn't reddit already have NFTs?
They also do have a reddit vault for crypto
Spez truly got that little dick energy going on
That's an insult little dick energy
I take offense to this. I have a little dick. I don't destroy everything for everyone around me while shitting myself violently. I say he has Caillou energy. Arrogant, narcissistic, hideous, an abject freak, a mistake granted legs and will hopefully suffer from a terminal illness.
Fuck Caillou. Fuck Steve Greedy Pig Boy Spez Huffman