this post was submitted on 11 Jun 2023
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Yes, this exactly. Ole spez is blinded by the impending IPO and those dollar signs are blocking anything else in his mind. At this point I think he would drive Reddit into the ground just to try and get a payday. For Reddit to survive he needs to resign.
I'm not discounting the possibility that spez himself is also evil — he's certainly done enough shady shit. He was once a mod of r/jailbait, after all, and he (or Reddit staff) had given one of the sub's founders a "Pimp Daddy" badge.
Holy shit! I did not know that!
Reddit will survive. Boycotts don't work anymore because people can never organize enough to beat out the massive reach of entrenched monopolies anymore.