Earlier quoted context omitted.
Yes but unless they’re well moderated they’ll turn to crap. There’s a lot of moderators out there moderating by hand and using bots to run some of the bigger subreddits, much like IRC. Without those bots having access to the APIs, that job gets harder and it’s less likely to be done well. Personally I think Steve Huffman is the fall guy here and this is coming from the money people who have zero interest in where Red…
Lol. What IPO? Do you think anyone is buying reddit stock after this clusterfuck?
Personally, if I were in charge with Reddit I'd go for an approach that required 3rd party clients to show ads that come back from Reddit's APIs and allow users to opt-out of adds for a small monthly fee directly from the user or even from the app developers who choose to incorporate it into their fee structure. Apps who don't comply get banned.
The approach Reddit is going for is stupid and is burning goodwill earned over more than a decade.