Reddit risks losing its identity in pursuit of profits

L4sBot@lemmy.worldmod to Technology@lemmy.world – 1083 points – Reddit risks losing its identity in pursuit of profits
techzine.eu

Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

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100%, I was mad about the api changes but realistically I would have stayed

But seeing the interviews he gave was just too much. Especially when he was talking about monetizing people who say things on Reddit they wouldn't say to their therapist. Like, that group specifically you want to milk? Fuck spez

But seeing the interviews he gave was just too much. Especially when he was talking about monetizing people who say things on Reddit they wouldn’t say to their therapist. Like, that group specifically you want to milk?

Wow, I actually hadn't heard that 🤯 It seems believable based on his other behavior though. It's honestly a shame, Reddit is a cool forum, but it's kind of like a nice restaurant where you know the owners are just awful people... And that really just ruins the experience of being there.