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I am Steve Huffman, the new CEO of Reddit. AMA. (2015)

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Re: I am Steve Huffman, the new CEO of Reddit. AMA. (2015)

#4

It's fascinating to see how his responses have changed to be more out-of-touch so dramatically since he did this AMA and now. Not knowing too much about how Reddit has changed over the years, I wonder what the timeline is for his change.

Money corrupts, I guess?

Re: I am Steve Huffman, the new CEO of Reddit. AMA. (2015)

#5
His response to the top comment:

> reddit has a lot of cash. Monetization isn't a short-term concern of ours. Yes, we will continue to experiment with different efforts so that when time is right we know what works and what does not.

So it was always about money. Guess their "experiments" have concluded that pissing off your entire user base is a strategy which works.

Re: I am Steve Huffman, the new CEO of Reddit. AMA. (2015)

#6
post #5

His response to the top comment: > reddit has a lot of cash. Monetization isn't a short-term concern of ours. Yes, we will continue to experiment with different efforts so that when time is right we know what works and what does not. So it was always about money. Guess their "experiments" have concluded that pissing off your entire user base is a strategy which works.

It's a private company. What else was it supposed to be about? Distributing VC money to users?

Re: I am Steve Huffman, the new CEO of Reddit. AMA. (2015)

#8
I think reddit has run its course for me, and I don't think they're losing anything of value when I stop browsing. I've been using old. for years, and always been pretty strict about blocking ads. In the past few years, it's been getting less and less enjoyable for me, and since I stopped visiting on Monday, I've been feeling better, and I don't think I'll be going back.

Reddit is saving a little on bandwidth since I stopped, and I've gained some time and energy. Seems like a win-win.

Re: I am Steve Huffman, the new CEO of Reddit. AMA. (2015)

#9
post #5

His response to the top comment: > reddit has a lot of cash. Monetization isn't a short-term concern of ours. Yes, we will continue to experiment with different efforts so that when time is right we know what works and what does not. So it was always about money. Guess their "experiments" have concluded that pissing off your entire user base is a strategy which works.

> Monetization isn't a short-term concern of ours

To be fair, we're not in the short-term horizon of 2015.

Re: I am Steve Huffman, the new CEO of Reddit. AMA. (2015)

#10
post #5

His response to the top comment: > reddit has a lot of cash. Monetization isn't a short-term concern of ours. Yes, we will continue to experiment with different efforts so that when time is right we know what works and what does not. So it was always about money. Guess their "experiments" have concluded that pissing off your entire user base is a strategy which works.

It's a private company. What else was it supposed to be about? Distributing VC money to users?

You could run a company that sustains itself and its employees, maybe makes a modest profit. You could just make something valuable that people like and want to use, and have that mostly be the end goal.

You probably won't get incredibly rich, though.

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