I really just think they didn't want the API user base anymore. They want a tightly controlled ecosystem of vanilla content by vanilla users to sell to vanilla investors. TLDR they sold out, and the fact that we've moved on so quickly means we were ready to move on anyway.
post
Stove Hortman is arrogant and not as smart as he thinks. Plus he’s a Peter Thiel acolyte.
My guess is that they know they will lose their DieHard users that cost them the most money even though they produce the most content.
What will happen in the vacuum is that other users will rise up to fill in the gap that are more in line with modern Reddit and will make Reddit more money in the long term.
I mean of course they are selling their soul to their venture capitalists (or at least whatever remains of it) in the process but I guess as long as their primary shareholders go home with a fat wallet they're okay with whatever happens.
You will enjoy the experience the way we intend.
It's probably pretty straightforward, if clicks are what they're looking to increase as a metric, then sorting by rising was probably not meeting their expectations in terms of clickrate.
As breathtakingly stupid as what spez has been doing appears to be, I thinkthat the short term plan is a fast cash out, and the long term plan is to coast on the brand name while simultaneously stifling the reddit experience. Coasting, like Tim Horton's, licensing out names and logos like Playboy, Harley Davidson, Schwinn. Sure, the product might be shit, but Facebook seems to be able to retain enough dipshits, so...
replies:
Because reddit is run by a bunch of greedy losers who want to go public, pump, dump, and fuck off to wherever the next Little Saint James is.
replies:
I'm not convinced that spez' elevator goes all the way to his office.
all 10 comments