this post was submitted on 09 Jun 2023
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Technology
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Based on the answers I'm seeing, I'm positive that this change is a result of changing for their IPO. Lots of none answers, but they also aren't backing down on the absurd pricing.
Having been a manager at a Fortune 500 and getting announcements from Executive level leadership / giving announcements to my reports, this is surprisingly the level of competence I would expect.
Unfortunate, but also a symptom of Reddit being too big for the team to handle. The outflux of users caused by this might actually -help- Reddit in terms of figuring out their revenue stream and getting better leadership.
Sad to see this happening in real time though.