The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…
The thing is, they COULD’VE monetized it and still kept it alive. What they’re doing instead is killing the golden goose for a quick cash-out.
Edit: I hate your username. A lot of trauma associated with that failed tongue-twister.
As crappy as it would be, charging users a couple bucks a month for ad free and the ability to use third party apps would probably have been the best move they could make.