Reddit is used to brawls between its 57 million daily users. Now its keyboard warriors are directing their ire at its CEO, Steve Huffman. Thousands of moderators overseeing the site’s so-called subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature.
I think you give them too much credit. I think spez has a mandate to take the company public by the end of the year and produce a return for his investors. Reddit has been trying to go public since 2021. This was his last ditch effort to make the company profitable before that happens.