Put it this way: would you buy stock in a gas station where the owner was getting the gas for free from his friends, and now his friends hate him and aren't giving him free gas anymore?
Now imagine that this station is located on a busy intersection surrounded by multiple other stations.
Reddit is just a dumb pipe; its only real value came from its users. Management doubling down on its increasingly undisguised hostility towards those users doesn't scream "growth" to me.
Now imagine that this station is located on a busy intersection surrounded by multiple other stations.
Reddit is just a dumb pipe; its only real value came from its users. Management doubling down on its increasingly undisguised hostility towards those users doesn't scream "growth" to me.