People are starting to place bets on Reddit's civil war
www.businessinsider.com
BetUS said not all everyone believes Reddit might reverse its pricing move, but almost all think CEO Steve Huffman will survive regardless.

Hundreds of people are putting money on whether the company will back-track on its new API pricing policy or oust its CEO Steve Huffman, BetUS told Insider.

The online betting company said there was “very close heat” over whether Reddit will reverse its new pricing policy.

“So far, the betting public seems very much “at odds” and are undecided on this one so far,” it said.

Almost all bets have been on Huffman still being CEO by December 31, BetUS added.

  • zalack@kbin.social
    3·
    1 year ago

    They looked at Lemmy/Kbin and said it didn’t meet their criteria.

    Their goal is to reach as broad an audience as possible and the platform is too small right now. One of the reasons they can get professional historians to write thesis-length replies is that those historians know their responses might be seen by tens of thousands of people or more.