This guy is setting himself up to fund the IPO from authoritarian state sponsored VCs. They're going to be most impressed by his hardline stance
fupuyifi
0 Post – 8 Comments
Joined 1 years ago
He's had a bit too much of the attitude of, "I'm the founder. All must bow to me".
I've had to deal with a lot of that at work before :)
Humans aren’t ready for life in general.
This is the heart of Reddit - total coordination of random users uniting for a common cause and message.
What’s the back story for using John Oliver? What did I miss🤔
Reddit needing to make $ to maintain the resources is understandable.
There were other ways to generate revenue without being greedy.
For example, users pay for awards like gold etc on Reddit. This concept could have expanded to a marketplace for 3PA stickers. If 3PA apps have stickers that they were pushing as additional revenue for the developers, Reddit could have stepped in and developed a marketplace to host and promote them for the developers as well. It would be a similar model to the Google Play and Apple App stores taking a commission for in app purchases. It doesn't have to be in the vicinity of 30% either. It's not a perfect example by any means, so don't flame me or the idea.
I deleted all of my accounts, posts and comments after the clusterfuck of an AMA. The interviews Huffman gave the following week to The Verge and other media sites totally reinforced my decision not to go back. I still go back to get some tech resources that I need but it's through alternative addresses so I don't add to their analytics stats.
Based on that logic, how do the powers to be at Reddit feel about American Presidential elections?
Whoever is on the team working out all these strategies are just copying rules straight out of an authoritarian Government’s little red playbook.
“You are not allowed to protest!”
“You are only allowed to protest using Government approved methods”
Stickers or gimmicky items like that seem to be popular enough for Selig to spin it off as a separate business.
My comment was about Reddit’s inability to think of a smarter long term solution with the 3PA developers. Instead they went with a moonshot for a short term gain that reeks of arrogance, greed and stupidity.
The full interview published at The Verge gave a pretty good insight into Huffman’s inability to manage the situation. Comparing the way he talks about third parties and his “recollection” regarding Apollo to what the Apollo creator wrote, it’s completely worlds apart. It feels as if Huffman is in smash mode and piling on the lies.
(https://www.theverge.com/2023/6/15/23762868/reddit-ceo-steve-huffman-interview)