The time frame up to the IPO (I don't know how that timing works) seems to be what is critical. Right now Reddit has been unprofitable. The CEO took on massive new levels of expenses via staffing with no real plan (or it didn't work?) for how to pay for those expenses. This bad faith "negotiation" on API seems aimed at... I guess trading 3rd party utility and to some extent the community for the ability to sell data to AI industry?

I guess we will see but pick a time frame and none of it looks good for Reddit.

It is weird to me to see so many people put forward "Reddit deserves to make money" and endless plans on how to generate revenue from API, apps or whatever etc but just entirely miss that bad faith, is bad faith. There is no negotiation and this CEO will run Reddit into the ground or not but he isn't listening at all to the community as far as I can tell.

Fact is he is the one that is responsible for massively increasing expenses by nearly tripling the workforce while at the same time having no real plan (any plan?) to make money from that move.

It is sad because you know no matter how this works out he will be fine and I bet a bunch of Reddit staff lose their jobs and the community is left floundering.

Let's say no to for-profit business driven social media altogether.

Yeah, leadership... I guess?

I have no idea what I am doing, I am going to copy that other person even though it seems obvious they are failing.

It is almost like we can't trust a for-profit owned social media site to have our interests as their first priority. I don't know what this CEO is doing but it's hard to see a bright future for Reddit in any case. Its too bad for the community but it is really too bad for those working there.