If the discussions have been going on for that long, why this exact moment in time, and why such a short deadline?

Why any moment in time? We did it when we did it. We could do it a year from now and we’d probably have the same conversation. We could do it five years ago, we’d be having the same conversation.

I guess what I still don’t quite understand is, if this has been thought about for a long time, is the goal just to meet this deadline and move on? Like just turn a new leaf from there?

We don’t have to meet our deadline. We told folks hey, we need to come up with a plan, or we’re going to start billing you on July 1st.

Complete mess of a CEO. I’m so glad that I’m not using Reddit anymore.

That’s unfortunate. I understand your trying to IPO and his goal is to get his golden parachute afterwards. But you’d think the board and him would want to foster some goodwill with the community the depend on.

Dude absolutely hates third party apps. Calls them his direct competitors and demeans them. Even says he ‘made a mistake’ allowing 3rd party apps. All the while forgetting that there was no official Reddit app for over 10 years of the company existing. Why didn’t he ban 3rd party apps then? Fucking ungrateful.

He refers to reddit as a city and keeps mentioning democracy and communities. No city/community/democracy should be owned by one corporation and have it’s main goal be profitability.

He thinks RIF and Apollo - both of which I have personally used - don’t add any value to Reddit? Lmao what a shithead

Also love the gaslighting of “um actually sweaty nobody likes the blackouts and everyone just thinks they’re annoying 💅”

one day I hope to count our users among our investors, but getting to breakeven is a priority for us

Yeah well, I’m already an investor on the fediverse, by donating to my instance admins, and the instances I support already break even. It pays back handsome returns on my investment not by extracting value, but by providing a community that respects its users instead of monetizing them. That is the only investment I’m interested in.

When reddit was showing how well reddit gold paid for server costs, it usually broke even.
That was when there was far less ads too.

The costs surely exploded by adding lots of staff and their own image/picture hosting, but I don’t see the benefit in there.

He’s so insufferable.

Another tech slapfight to monopolize and monetize an entire slice of the data exploitation pie. Deleting Reddit was definitely the right choice for me. And it was the perfect excuse to dust off my two-year old Lemmy account that I’d never posted from!

Adding: can’t see past the smug arrogance either

“The blackouts are not representative of the greater Reddit community.”

Of course not. The vast majority of Reddit are lurkers that don’t interact with anything and just mindlessly consume. Even bots add more value to a platform, than most lurkers. It’s the content creators and people that interact with them through comments, that create value.

So he’s like: I’ll rather sink this entire ship then admit I/we went overboard

Yikes

Dude wants his golden parachute so badly he treats the interview as his rant box.

What a painful read… initially I would’ve been ready to pay to keep using my favorite reddit client – but hearing about the exorbitant pricing, then the deadline, and now about the way they’re treating their own community? They couldn’t pay me to stay.

That scumbag energy, holy smokes. He’s executing reddit right in front of our very eyes. It’s just sad.

Toward the end you can really see how defensive and agitated he is with his handlers chiming in too. He’s aware that he’s a douchebag, and just doesn’t care at all.