this post was submitted on 30 Jun 2023
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These guys aren't happy with some support. They want all the support i.e. money. Feels like no tech corporation thinks about its products long term anymore. Just the most readily available cash grabs possible, even if it means possibly losing future revenue.
Well, as other people have said, it looks like they were preparing to sell Reddit, or take it public, or whatever, and they wanted to make it look as profitable and purchaseable as possible.
The end result is the same, but the reasoning is a bit different.
Anyhow, if that's true, I dare say they've achieved the opposite result now.
Spez explicitly said in his AMA that third party apps were profitable while reddit wasn't.
Which isn't mutually exclusive, plus he can't really talk about any planned sales before they are actually announced anyway.