this post was submitted on 18 Jun 2023
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Reddit Migration

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As more and more articles and interviews come out about spez and how he's inspired by how Musk running Twitter, I genuinely can't believe he's this stupid. Anyone else think that we could see a repeat of what happened with Ellen Pao when all the gate subreddits were banned? All of these quotes from Spez are coming out, and the hate over the changes is directed at him, and blamed on him almost more than on all the admins, or the board. "Fuck spez" has become the slogan for opposing the changes at this point.

I won't be surprised if the board removes him at the 11th hour, and reduces the api costs to a level that the biggest apps (Apollo, RIF) will be able to keep operating, but may not allow for new apps to compete.

Anyone else think we could see it blow over like this?

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[–] abff08f4813c@kbin.social 2 points 1 year ago

I cannot find it now but I recall reading recently (during the start of the blackout) how spez thought reddit wasn't so good, and wanted to sell out while he still had a chance. So that's how reddit got sold to Condo Naste or Advanced Publications or whoever owns reddit now.

Then spez latter regretted it seeing reddit's value go up. So this IPO is his second change to get that payout.

I think spez is in control here, and these are his wishes. But yeah, leaving soon after IPO isn't unlikely - spez would have gotten his payout by then, so, yeah.