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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A lot of the mod tools were exempted. I imagine the ones that weren't didn't even try in protest.

A lot of power reddot has over mod tools that want to stay now. No wonder devs left

I agree. reddit acted very poorly; however, you could get your tool exempt by licking their boots.