> Shu also tells me that RIF was paying a “sizable revenue share” to Reddit beginning in 2012, which was during Yishan Wong’s tenure as CEO. Shu says he says initiated the talks with Reddit to create the agreement, which allowed for the licensed use of Reddit’s trademarks. (At the time, the app was called “reddit is fun.”) Shu says Reddit terminated the agreement in 2016 — which was the year after Huffman took over a…
It's really clear that spez wants terminate any 3rd party clients whatsoever, I assume at this point any talk of app devs actually working with them is also a lie, as is the moderator tools and accessibility tools getting free API access.
Finally, the initial email the RIF received is so egregious - IMMEDIATE COMPLIANCE REQUIRED, when they hadn't even changed their actual terms yet.
Who would invest in a Reddit IPO now?! If they had done _nothing_ up to this point, I probably would have bought some, not that I am anyone of note, but I assume any serious fund would steer clear too at this point.