just so this doesn’t overwhelm our front page too much, i think now’s a good time to start consolidating discussions. existing threads will be kept up, but unless a big update comes let’s try to keep what’s happening in this thread instead of across 10.

developments to this point:

The Verge is on it as usual, also–here’s their latest coverage (h/t @dirtmayor@beehaw.org):

other media coverage:

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13 points

I don’t get what his angle is. Is it just dumb ego or am I missing something?

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12 points

He’s selling and he’s going to point his investors to his AMA comments.

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19 points

Not sure what his responses are going to do for investors’ confidence, given that they mostly show a complete lack of understanding of his userbase, and the reaction to them implies that he’s trying to sell them damaged goods.

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10 points
*

Again anything public facing is a lie. The rich investment firms know that it’s designed just to try and placate an unruly userbase. Now if something comes of it? Then they’ll care. If the blackout happens I wouldn’t be shocked if there’s wholesale usurpation of the mod teams to reopen the big ones.

e: typo

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8 points

I think the way I see it is that the vast majority of Reddit users have no idea that any of this is going on, and wouldn’t care if they did.

So from Corporate’s perspective, all they have to do is deal with a few weeks of whining and teeth gnashing, before everything calms down again and they can get on with whoring Reddit out.

Ultimately they’ll end up back in the black again, and making enough money from the IPO to not give the tiniest rats ass about any of this. They’ll sail off into the sunset on a fleet of expensive yachts, and never give Reddit another thought.

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12 points

It’s all corpspeak. It means nothing except to lie and gaslight users into staying so he can cash out.

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