People are starting to place bets on Reddit's civil war
www.businessinsider.com
BetUS said not all everyone believes Reddit might reverse its pricing move, but almost all think CEO Steve Huffman will survive regardless.

Hundreds of people are putting money on whether the company will back-track on its new API pricing policy or oust its CEO Steve Huffman, BetUS told Insider.

The online betting company said there was “very close heat” over whether Reddit will reverse its new pricing policy.

“So far, the betting public seems very much “at odds” and are undecided on this one so far,” it said.

Almost all bets have been on Huffman still being CEO by December 31, BetUS added.

  • Phantom_Engineer@lemmy.mlEnglish
    4·
    1 year ago

    Not gonna happen. They’ll stick by the API changes, maybe with some tweaks. The main structure will be the same, I’m sure.

    • Bojimbo@kbin.social
      1·
      1 year ago

      Spez is a sacrifice. He says all the villain words, gets everyone to hate him, then he is fired with a severence so reddit can give mods their bots back and call it a day while not addressing any of the wider concerns.

    • TheMinions@lemmy.worldEnglish
      1·
      1 year ago

      My thought is that, even if they did reverse the pricing changes, would any of the third party apps stick around? Apollo, Sync, and RiF have all announced shutdowns and I doubt pricing changes would change that at this point. I could be wrong.