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this post was submitted on 16 Jun 2023
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I could smell the change in the air as Reddit was gearing up for an IPO, months before. I knew 3rd party apps' days were numbered.
What I didn't expect is how much they undervalued their core audience, power users and the collective trust of Reddit users and volunteers. When they announced the ridiculous pricing and timeline I thought it was one of those "announce something terrible then walk back acting like a hero" kind of deals.
Boy did Redditinc and Huffman ever prove me wrong. They doubled down, made clear they have no intention of listening to anyone, and made lots of shit-slinging and shade-throwing comments. They are squandering all the good-will and trust that they had earned over the years, for bottom dollar at that.