this post was submitted on 30 Jun 2023
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The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…

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[–] catwhowalksbyhimself@lemmy.world 0 points 1 year ago (2 children)

Well, as other people have said, it looks like they were preparing to sell Reddit, or take it public, or whatever, and they wanted to make it look as profitable and purchaseable as possible.

The end result is the same, but the reasoning is a bit different.

Anyhow, if that's true, I dare say they've achieved the opposite result now.

[–] can@sh.itjust.works 1 points 1 year ago

Spez explicitly said in his AMA that third party apps were profitable while reddit wasn't.

[–] alaphic@lemmy.world 0 points 1 year ago (1 children)

So, shall we start calling this 'the Reddit Effect?' We haven't had anything new to supplant the Streisand Effect for awhile, I feel like something like this is overdue

[–] troyunrau@lemmy.ca 1 points 1 year ago

Might be the digg effect ;)