Let’s backtrack to 2020. Back then there was some protest in USA about cop violence and racism, it had repercussions in Reddit (with a bunch of subs closing down in protest, as usual). kn0thing used this opportunity to resign from the board of directors of Reddit, claiming that he wanted to be replaced with a black candidate.
Perhaps kn0thing knew what would happen? Not the exact events, mind you; but he knew Reddit Inc. and spez well enough to know that they’d eventually fuck it up, lose a lot of money, and lose face. So he jumped off ship earlier, pockets and reputation unharmed.
What do you think about this?
(u/kn0thing, RL name Alexis Ohanian, is the co-founder of Reddit, alongside Steve “piece of shit” Huffman and Aaron Swartz.)
It’s possible he knew the company would have to change drastically to IPO. There is no way they were not talking about IPO’ing for years before officially announcing it.