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I can only hope that the people working at and for reddit realize how bad spez is for reddit, he needs to be replaced.
Prob get 20 mil on the way out
$20m that should be u/iamthatis’s.
They propped him up as the "saviour" when he came back to Reddit. He was gone for a bit, Reddit used Ellen Pao as a scapegoat to take all the hate when Reddit banned a bunch of nasty subreddits/content. She left, and Spez was brought back in. He's always been a piece of shit though.
On paper he is doing everything right.
Reddit is trying to IPO soon. They are simplifying the app and "community" down to a single ecosystem (even if it means losing a portion of total users on third-party apps). This is much neater in calculating valuations and predicting growth.
Reddit as a money-making product does not care what our community is like. And truthfully, the number of users will likely not change much with this, so from a Capitalist, business-oriented perspective, this is the way to go.