I think that /u/spez has his back against the wall. Reddit loses money - a lot of money - and there’s noone left to foot the bill. He’s tried everything: he’s tried advertising, sponsored content, and he’s tried premium memberships (and don’t forget coins!), but all this is simply a drop in the bucket. At this point, if nothing is done, Reddit will likely have to shut down - it probably has 8-14 months left.
Honestly, I think that /u/spez has given up; he sees that Reddit as it was originally envisioned is dead. So, he’s decided to make some superficial changes to polish it up and make it appealing to investors, make an IPO, and then cash out what he can out of it and leave.
Reddit has been going through some issues for many on Monday, with the outage happening the same day as thousands of subreddits going dark to protest the site’s new API pricing terms.
According to Reddit, the blackout is responsible for the problems. “A significant number of subreddits shifting to private caused some expected stability issues, and we’ve been working on resolving the anticipated issue,” spokesperson Tim Rathschmidt tells The Verge.
So, I have a story about Star Trek the Animated Series.
My friends and I used to watch it in college, but it was a drinking game. We watched it in Spanish, with no subtitles (and none of us speak Spanish). And there were certain things they said every episode, and everybody drinks when they say it.
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