Wow they’re really doubling down. Guess this means the end of Reddit.

You gotta respect the dedication on some level

Oh, I fucking hate CEO's.

Fuck spez!

somebody else pointed this out, but it's honestly bizarre he's going in on the "we aren't making any money" ploy in preparation for the ipo

what's the pitch to the investors? "please by shares in this unprofitable company, in the hope that we can become profitable by pissing off our userbase"?

I won't argue against the need for reddit to be profitable, they're a business after all, BUT, all respectable software that is paid has different tiers of pricing, usually ranging from single-user to corporate-deployment.

spez is complaining everywhere that they can't allow corporate-level scraping of data to train AI for free, and that's fair, but why don't they differentiate "small" devs developing apps for users from "corporations" training AI?

I find it really hard to believe it's too difficult for them, other paid software/platforms do it all the time.

The only logical explanation to me is they don't want to, they just want to kill apps no matter what, that's why the unreasonable prices for everyone, they're just using the "no profitable" excuse to do that without a worse backslash than they're getting already, tho they're being quite stupid about it.