this post was submitted on 07 Jul 2023
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Reddit risks losing its identity in pursuit of profits (www.techzine.eu)
submitted 1 year ago by L4s to c/technology
184 comments fedilink hide all child comments
 

Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

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[–] minikieff 2 points 1 year ago* (last edited 1 year ago)

I know the full context. It doesn't really make it any better. Bringing it up in the first place is bad, regardless of any "clarification" (a.k.a. damage control).

Besides, do you really think your interpretation wouldn't be considered a threat? Reddit won't say publicly they considered it as one, but it is very clear they took it that way (and, probably, correctly).