this post was submitted on 18 Jun 2023
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People are starting to place bets on Reddit's civil war — Business Insider (www.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Hundreds of people are putting money on whether the company will back-track on its new API pricing policy or oust its CEO Steve Huffman, BetUS told Insider.

The online betting company said there was "very close heat" over whether Reddit will reverse its new pricing policy.

"So far, the betting public seems very much "at odds" and are undecided on this one so far," it said.

Almost all bets have been on Huffman still being CEO by December 31, BetUS added.

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[–] TheMinions 14 points 1 year ago (3 children)

My thought is that, even if they did reverse the pricing changes, would any of the third party apps stick around? Apollo, Sync, and RiF have all announced shutdowns and I doubt pricing changes would change that at this point. I could be wrong.

[–] [email protected] 3 points 1 year ago (2 children)

reddit is fucked. it can only die now. infested with right wing idiot bloggers.

[–] [email protected] 3 points 1 year ago

And bots. And ads. And only fans ads. Need I go on?

[–] [email protected] -3 points 1 year ago

And the fediverse isn’t? We must see vastly different versions of the fedi.

But in fairness, I also see a lot of far left idiot bloggers here. Books balance, all is good.

[–] [email protected] 2 points 1 year ago

They wouldn't shut down if the API changes were reversed. It's still a revenue stream for them. But I could easily see them not developing the apps anymore without stronger assurances of long term support.

[–] [email protected] 2 points 1 year ago

I know at least Apollo would not be returning, the dev made that clear when they asked about extensions that they would not be putting the bot on the platform and that regardless of if an extension was given the project was being sunset.