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this post was submitted on 22 Jul 2023
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Lmao you sweet summer child. You think firing him will do shit? The company has cancer. They are trying to go public. Nothing is going to fix whats wrong with the company now. It's terminal.
This is how it goes.
Company makes good product.
Company goes public.
Company becomes shit.
Company dies.
Rinse and repeat.
Also, firing spez does nothing because this wasn’t spez’s decision.
If you look at the history of Reddit’s API, it had a fee until spez became CEO again and made it free. This was when the 3PA took off.
Being the CEO does not mean that you get to actually make major decisions for the company. Think of the CEO as the face of the board of directors. They are the ones that approve/deny major changes.
You want the board changed, not spez.
We need to just let reddit die as a sign to all other executives that their customers are the ones who hold the cards.
We weren't the customers. We were the content creators. We gave the site value that was then sold to advertisers, as the cost of keeping the platform running.
Thinking of platforms like reddit as businesses is the inherent problem in the first place. Running ads or having some premium features should only be for the purposes of maintaining the site. The second the people running it decide that it's time to start making profit for themselves is the moment it dies.
That's why I deleted all of my data before leaving. I'm not letting reddit keep my contributions to add to their value. I hope everyone here has done the same.
The same thing could have been said about Digg. They are too stupid. Companies start out small, and have stars in their eyes instead of money bags, and talk about how they want to be different and want to do good for the world. Then once they grow beyond a certain size, they became the same evil shit as any other corporation. It happens time and time again, and it will continue happening.
That's when the venture capital shareholders kick in and want the money. That's the cause.
Reddit's customers do hold the cards. Users are the product, advertisers (and now, potential investors) are the actual customers.