This is what happens when 2,000 people are employed to run a site that can probably be run with 200. What the heck are 2,000 people doing, considering that 95% of the site is run by unpaid volunteers...
i thought it was almost 3000. I made the same point the other day, there's absolutely no reason they couldn't already be profitable, it's all just trying to get rich rather than exist.
I suppose it's more about the power mods, sometimes with help from the admins, aggressively suppressing certain ideas while allowing others to flourish. So maybe they don't need all those 2000 people...
Make the API reasonably priced instead of making it effectively impossible to run 3rd party apps, make 3rd party apps a reddit gold only feature, make reddit gold better in general(the main complaint ive heard is "why do i even buy reddit gold?"). They've got 2000 employees, surely there's enough people to come up with better monetisation ideas than I could in a few minutes that don't involve pissing off a big chunk of the userbase.
So "big money" caused Reddit to overcharge for API access? How? If this is bad for Reddit's valuation, "big money" should be demanding that they pull back. What do you know that Reddit's investors do not?
The experience I get as a user of the app? Is it that hard to believe that people at the very top can be out of touch with the average user of their product? I'd be surprised if any of those people have even seen the Reddit homepage once. We've seen plenty of companies go down because they made an incredibly out of touch change which caused mass migration to a better product(the example floating around is Digg). All this happening right as they prepare to go public is really all the indication one needs to deduce what's going on.
