this post was submitted on 18 Jun 2023
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People are starting to place bets on Reddit's civil war — Business Insider (www.businessinsider.com)
submitted 1 year ago* (last edited 1 year ago) by can@sh.itjust.works to c/reddit@lemmy.ml
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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.

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[–] Weirdmusic@lemmy.world 1 points 1 year ago (5 children)

To be honest, I've been dissatisfied with Reddit for quite a while now but just didn't realise it. Once I dipped my toes into the Fediverse I realised what it was I'd been missing: that sense of community that Reddit used to have before it became too big, too cold and too corporate. In my defence I used RIF for years and was shielded from the worst excesses of corporate culture. After setting myself up on Lemmy and getting a bit of a handle on what's what I'm really enjoying the sense of intimacy and DIY ethos. It's far more like the Reddit I used to know. It feels good to be back.

[–] azurekbn@kbin.social 1 points 1 year ago

Same here. Had been using RIF for a long while as well and recently realized that it really was like a screen that managed to filter the worst of it if you knew how to customize your experience. Without that, there's no point anymore. The Fediverse has its own learning curve, but it will be worth it just to find the instance and comms I'll be most comfortable in.

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