Reddit CEO tells employees that subreddit blackout ‘will pass’ (www.theverge.com)

submitted 1 year ago by Kara@kbin.social to c/RedditMigration@kbin.social

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Spez, and Reddit as a whole is basically counting on most subreddits opening back up tomorrow after the 48-hour period.

Really hope that mods can hold out for longer, make them really panic.

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[-] Beluuuuuuga@kbin.social 0 points 1 year ago

I’m not surprised that Fidelity is losing faith in Reddit. The way Steve completely alienated the whole community, well he's basically shooting himself in the foot.

[-] trekkie1701c@kbin.social 0 points 1 year ago

Also he admitted they don't make money and said they need to be profit driven til they do.

To me that says he's not sure this will actually make Reddit profitable; so looking at it from a detached, "I just care about the money" perspective I'd be really nervous about investing in Reddit. Feels like Spez would just light it all on fire.

They really need someone competent at the helm.

[-] Spaceman2901@kbin.social 0 points 1 year ago

Competence runs a distant second to “trustable” at this point. Spez has shown he can’t be trusted.

this post was submitted on 13 Jun 2023

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