Reddit’s golden geese foul up its IPO plans (www.reuters.com)

submitted 1 year ago by Kindred87@kbin.social to c/RedditMigration@kbin.social

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Thousands of moderators overseeing the site’s subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature, columnist Anita Ramaswamy writes.

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[-] klangcola@reddthat.com 0 points 1 year ago

It's still disapointing to see media misrepresent the reason for the protests. Nobody went up in arms when Reddit announced they'll charge for API access, which was announced in April. The protests started because they're charging a bazillion dollars, aka "the fuck you price" effectively banning 3rd party apps without actually banning 3rd party apps

And the "strike" got extended due to the extremely poor handling of the protests from Reddit, like slandering the Apollo dev

this post was submitted on 18 Jun 2023

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