this post was submitted on 05 Jul 2023
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Reddit Migration
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They really are just bungling this completely.
If they were competent, we'd all still be on Reddit.
You make a very good point.
That’s really all on Steve Huffman. He had years to prepare Reddit for profitability and an IPO. He was caught swimming naked when the proverbial music stopped, and he went for the low-hanging fruit (killing the costly API) with nothing but scorn for the dissenting voices.
The board should have fired him after the stealth edits debacle. This guy has no business being a CEO.
I really just do not get why he thinks Elon Musk has it right idea, only isn’t going far enough. And it’s the board has just decided in for a penny, in for a pound and are determined to stick with him even if Reddit burns to the ground. I wonder what metrics they’re seeing that we aren’t, besides dollar signs.