Dude absolutely hates third party apps. Calls them his direct competitors and demeans them. Even says he ‘made a mistake’ allowing 3rd party apps. All the while forgetting that there was no official Reddit app for over 10 years of the company existing. Why didn’t he ban 3rd party apps then? Fucking ungrateful.
That’s unfortunate. I understand your trying to IPO and his goal is to get his golden parachute afterwards. But you’d think the board and him would want to foster some goodwill with the community the depend on.
one day I hope to count our users among our investors, but getting to breakeven is a priority for us
Yeah well, I’m already an investor on the fediverse, by donating to my instance admins, and the instances I support already break even. It pays back handsome returns on my investment not by extracting value, but by providing a community that respects its users instead of monetizing them. That is the only investment I’m interested in.
I mean, it sure makes sense. If they’re getting the server costs and effort to maintain and moderate, happy to drop a few dollaridoos now and again. Less ads to block as well, which is always nice.
He refers to reddit as a city and keeps mentioning democracy and communities. No city/community/democracy should be owned by one corporation and have it’s main goal be profitability.
Spez wishing for some corpo dystopian society.
I mean…. Just read his comments in this article: https://www.newyorker.com/magazine/2017/01/30/doomsday-prep-for-the-super-rich
Dude more thinks of himself as a king. He sees Reddit like a city in the sense Rome was a city, and he’s the Caesar.
He literally says he’s a great leader and “would not be a slave, but a leader” in the post-apocalypse.
He literally sees himself as Immortan Joe or some shit lmao
If the discussions have been going on for that long, why this exact moment in time, and why such a short deadline?
Why any moment in time? We did it when we did it. We could do it a year from now and we’d probably have the same conversation. We could do it five years ago, we’d be having the same conversation.
I guess what I still don’t quite understand is, if this has been thought about for a long time, is the goal just to meet this deadline and move on? Like just turn a new leaf from there?
We don’t have to meet our deadline. We told folks hey, we need to come up with a plan, or we’re going to start billing you on July 1st.
Complete mess of a CEO. I’m so glad that I’m not using Reddit anymore.
Those answers were disappointingly evasive. The questions were clear and he chose non-answers. Yuck.
That scumbag energy, holy smokes. He’s executing reddit right in front of our very eyes. It’s just sad.
Wow, his answers and arguments are really bad. Doesn’t acknowledge that AI scrapers abused their system, not apps to access and interact with Reddit. Practically says they will imitate Apollo. Admits that they unreasonable timeline was a way to coerce deals.
He thinks RIF and Apollo - both of which I have personally used - don’t add any value to Reddit? Lmao what a shithead
Also love the gaslighting of “um actually sweaty nobody likes the blackouts and everyone just thinks they’re annoying 💅”
“The blackouts are not representative of the greater Reddit community.”
Of course not. The vast majority of Reddit are lurkers that don’t interact with anything and just mindlessly consume. Even bots add more value to a platform, than most lurkers. It’s the content creators and people that interact with them through comments, that create value.
When reddit was showing how well reddit gold paid for server costs, it usually broke even.
That was when there was far less ads too.The costs surely exploded by adding lots of staff and their own image/picture hosting, but I don’t see the benefit in there.
What a painful read… initially I would’ve been ready to pay to keep using my favorite reddit client – but hearing about the exorbitant pricing, then the deadline, and now about the way they’re treating their own community? They couldn’t pay me to stay.
He’s so insufferable.
So he’s like: I’ll rather sink this entire ship then admit I/we went overboard
Yikes
Dude wants his golden parachute so badly he treats the interview as his rant box.
Another tech slapfight to monopolize and monetize an entire slice of the data exploitation pie. Deleting Reddit was definitely the right choice for me. And it was the perfect excuse to dust off my two-year old Lemmy account that I’d never posted from!