Where did that Reddit AMA go?
Addressing the community about changes to our API

Dear redditors, For those of you who don’t know me, I’m Steve aka u/spez. I am one of the founders of Reddit, and I’ve been CEO since 2015. On...

reddit
Doubling down.
"Some apps such as Apollo, Reddit is Fun, and Sync have decided this pricing doesn’t work for their businesses”
Someone needs to learn how to read the room. Damn that’s some bad PR.
@paul it’s funny that he thinks setting fire to his user base will make them profitable. This IPO is a pump and dump.

@derekbeachy @paul I think it's really cool and fun that the social networks that I use(d) are being burned down for the insurance in sequence.

Gonna go see if I can find the URL for Fark, if that's still around. Maybe I still have mod points on Slashdot?

@paul Jesus Christ, what a piece of shit.
@paul You can also see he copy and pasted an answer by leaving the “A:" in there https://archive.ph/X6EJq (subsequently removed)
@paul That’s, like, “sorry, the intern sent that”-level bad.
@paul “We’Re NoT ProFiTaBle”, hate that garbage, trying to pretend like me with $10 in my wallet has more money than Reddit while they sit in this building and drive 6 figure cars.

@Sonikku congrats on somehow having a worse take than spez

Do you know how any of this works, or?

@jason you know what, fair enough. I get that Reddit as a company can be in the hole monetarily; at the same time I have very little sympathy for Spez and board members who are all sitting on 6 or 7 figure bank accounts, especially throwing third party devs under the bus like this.

Also, cool last name 👍

@Sonikku lol I hadn’t even noticed! A lifetime of saying “ess eee en”

I thought you were generally hating on devs there, who are having to weather all of this and, yes, probably have nice things.

Startups run at a loss for a while before getting cash flow positive (or EDITBA or whatever measure you want), and often founders go without for a bit to hang on to equity instead.

The toxic ingredient is the VC who is funding something they KNOW is unprofitable suddenly demanding blood…

@jason yeah same problem my whole life, everyone wants to spell “son” haha.

And nah not hating on devs at all, just the Spez and collaborators on the board :-P

@Sonikku I also just learned Aaron Swartz was a founder and that is… depressing. In a better timeline, maybe he’d still be around pushing for an open web.

@Sonikku but not turning a profit doesn’t mean the devs don’t get reasonable salaries for their sector… it just means they’re burning money faster.

Reddit is an extremely strange beast to (a) not have already IPO’d, (b) not have sold to equity, and (c) not be self-sustaining after nearly two decades (?!?)

I don’t know what they think they’re doing but it doesn’t seem to be going well.

@paul 🔥️ What an amazing self-own.
@paul well you know, we all said we got tired of execs and their corpspeak, at least he’s speaking his mind.
@paul some cheap answer right there. If they actually built a good premium app they could even be profitable!
@paul oh gaawwwwd. He sounds jealous af.
@paul “we’re entirely motivated by profit while simultaneously being terrible at our jobs.”
@paul holy shit. Whichever vc is advising him probably recognizes his reputation is already done for lmao
@paul He’s such a cunt.
@paul this is a great example of why there are fewer and fewer founders still running these companies.
@paul but refreshingly honest
@paul One might think after the twitter API debacle and ensuing 3rd party app slaughter (RIP Tweetbot) another company wouldn't pull almost exactly the same thing. Yet, here we are.
@paul Things must be bad. It's hard to spin "it's this or go out of business"
@numist they are really really bad at this.
@paul Real ballers don't react. They respond. He isn't a real baller.
@paul @marsh931 ‘Reddit the Room’ is a perfect headline for all this
@paul You and @christianselig should just make your own Reddit/Twitter replacement. One can dream right? 🥲
@paul such jerks. There was a way to do this properly and they just decided not to.
@paul he's doubling down on Christian's joke lmao, this is going about as expected https://reddit.com/r/reddit/comments/145bram/_/jnk45rr/
Addressing the community about changes to our API

>How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community...

reddit
@paul I'm still curious about the blackout. I've already blocked any Reddit access on my DNS level until next wednesday. Let's just hope they reduce their pricing and quit their madness
@paul Both Twitter and Reddit should've simple added “third party client access" to their Twitter Blue/Reddit Premium offerings, and be done with it. So much easier to control the PR on the fact that a service that has no ads in third party apps needs to get some money. I have no f'in clue why they didn't go that route. None.
@tobyx @paul that's pretty much what Spotify did some years ago. The difference was that Spotify had an OK client while Twitter and specially Reddit had garbage clients.
@NexusM @paul Third party clients were the only way to get mobile Twitter at the start, and Twitter bought Tweetie. Reddit bought Alien Blue. They had no mobile strategy. The third party ecosystem is what made them thrive. Is so rude :(
@tobyx @paul I even remember writing a small Twitter Client was a usual "How-To" when learning a new programming language back in the day. What a shame that's been lost.
@paul Fuck Reddit. So petty 🙄
@paul This all seems like it's going really well 🥲
@paul This doesn't appear to be an AMA, he's "sticking around to answer questions” which seems an important distinction
@paul Impressive for the head of a company to gather all their goodwill together in a little pile and then light it on fire

@paul Just seems unwise to actually mention that popular apps are shutting down because of that. I guess ignoring it wouldn’t work either.

Still, seems like an unforced error. The people that use those apps are going to be the “power users”.

@paul As expected, the comment section is lit.
@davidjoz @paul Hope spez brought his asbestos suit today.
@tezoatlipoca @paul The vulgarity looks to be ramping up so that’s something.
Addressing the community about changes to our API

Wow, bro, was that a threat? Stop blackmailing him.

reddit
@tezoatlipoca @paul The level of bad PR here is just…something.
@paul Reddit accounts deleted.
@paul @travelingflwr Ah wait, just realized what you meant. Still, good
@travelingflwr @paul Ditto, left them a really nice comment as to why I was leaving as well, think it ended with “hope you burn in hell”
@pauls @paul Yeah, mine was similar and referenced Apollo and something about Twitter.
@paul Yet another "the people" get fucked and corporations win. I really hope this leads to a revolt but seeing how people still cling to twitter I'm not so hopeful. I'm so tried of greed winning out over everything these days. Reddit is built off the back of volunteer work, I hope the mods/users realize the power they have and hold reddit owners to the fire.

@paul "For other apps..."

I'm sorry what? Just like Twitter, there is no other apps but their own official ones. Expect for maybe enterprise business like Hootsuite.

@paul if you go to his comment history it even seems like he’s not only doubling down, but also trying to gaslight people to state Christian’s post and recording was a “joke”.

Truly incredible to see another tech CEO see what Musk did and find new ways to do it worse.

@paul spez is MAD mad about the phone call being recorded and is deflecting
@paul It's bananas how every company's IPO roadshow is so depressingly similar. Cancelled my Premium subscription today; I've seen this too many times before.
@numist @paul I also cancelled my #reddit Premium subscription. 🙁