Everything Reddit is doing so far screams of desperation. The rush to IPO, the sudden renewed emphasis on profitability, and the cutting off of third party dev support to try and shore up their engagement numbers suggests they are trying to clean up their accounts prior to going public.Reddit is being kept afloat by investor funding, yes. Do you have something you can point to that shows that's quickly drying up?
I don't know how many times this has to be repeated.Which is mind boggling considering the money he made, selling a front end interface to a platform that reddit built, using content that users provide. He's made millions, and now throwing a pity party because the gravy train has come to an end. Hey, good for him, I'm glad he made money, but reddit has to do what's right for them, not for 3rd party developers, and that's that.
I am not against Reddit trying to make a profit. What I don't understand is why, of all the numerous ways this matter could have been handled, the CEO chose to go about it in a manner that would result in the most backlash and negative publicity. He initially promised that Reddit would continue to support third party apps, only to do an about-face and give them less than a month to respond (why not just state their intentions right from the get go, then give developers a longer window to react and wind down their subscriber base?). He doesn't even have the guts to come out and say that the company doesn't want to support third party apps, instead opting to go about it in a roundabout manner by raising API pricing beyond what was reasonable or feasible. He would try to smear Christian's name by accusing him of something he never did or said (what is he even trying to accomplish here?). And he has had Reddit admin restore previously deleted posts, mine included, so yeah, now it's personal.
I agree with you 100% that Reddit ought to do what's right for them, which is why this entire saga baffles me all the more. Like which of the aforementioned actions screams 4D chess to you? Which goes back to my initial point about Reddit leadership possibly acting out of desperation and bungling what could have been a far less messy and controversial transition to their own stock app.