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(beehaw.org)
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Agreed.
Someone linked an article from 2019 about the fact that the investors wanted the same returns out of Reddit as in Facebook/instagram.
If Steve actually was "with" the users and Reddit as a platform he should have told them to eat shit.
I am quite sure it is the reason why Reddit is heading the way of Facebook/Insta/Tik tok etc.
And I have zero interest in being a part of it.
Yeah, Reddit has 0 interest in being Reddit anymore. They want to be tiktok/Instagram (that's why the video player is fucking trash, they want it to look like tiktok). The thing I don't understand is those apps are already much larger than Reddit, why would people from those apps ever come to Reddit? And why would you just completely abandon your loyal userbase?
To be a little fair (and I am not being the devils advocate here, to be clear) Steve is literally in the position that is required, by definition, to drive shareholder value and take the fall for unpopular changes.
More than likely none of these decisions he’s made recently were by him, and I wouldn’t be surprised if he’s just being used as a scapegoat by the directors and will be given a golden parachute when he announces he’s resigning “in response” to the community backlash.