this post was submitted on 11 Jun 2023
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Yes, this exactly. Ole spez is blinded by the impending IPO and those dollar signs are blocking anything else in his mind. At this point I think he would drive Reddit into the ground just to try and get a payday. For Reddit to survive he needs to resign.
Reddit will survive. Boycotts don't work anymore because people can never organize enough to beat out the massive reach of entrenched monopolies anymore.
I'm not discounting the possibility that spez himself is also evil — he's certainly done enough shady shit. He was once a mod of r/jailbait, after all, and he (or Reddit staff) had given one of the sub's founders a "Pimp Daddy" badge.
Holy shit! I did not know that!