The damning part of the interview is that RiF effectively already had a profit sharing agreement with Reddit that was cancelled under the current CEO.
So Reddit was already in the process of getting money from third party apps until Spez cancelled the agreement. Now Spez wants to pretend that he is only trying to get compensated rather than killing the apps.
Think it depends on how much his assholery cuts into the bottom line unfortunately. If the blackout can scare off advertisers for a reasonable amount of time then his ass is grass. If advertisers still think it’s worth it to associate with reddit then it doesn’t really matter how much a douchbag Spez is. Capitalism baby, a bucks a buck.
The damning part of the interview is that RiF effectively already had a profit sharing agreement with Reddit that was cancelled under the current CEO.
So Reddit was already in the process of getting money from third party apps until Spez cancelled the agreement. Now Spez wants to pretend that he is only trying to get compensated rather than killing the apps.
Steve is such a savvy businessman. Cancelling revenue sharing arrangements with (a) 3rd party app(s) which benefit your company.
I cannot wait how steve talks himself out of this one.
This is the most damning thing so far.
Calling 3rd party apps freeloaders while at least 1 of them was paying their fair share for 4 years.
what are the chances of this douchebag being ousted as ceo?
Think it depends on how much his assholery cuts into the bottom line unfortunately. If the blackout can scare off advertisers for a reasonable amount of time then his ass is grass. If advertisers still think it’s worth it to associate with reddit then it doesn’t really matter how much a douchbag Spez is. Capitalism baby, a bucks a buck.