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.
My thought is that, even if they did reverse the pricing changes, would any of the third party apps stick around? Apollo, Sync, and RiF have all announced shutdowns and I doubt pricing changes would change that at this point. I could be wrong.
They wouldn't shut down if the API changes were reversed. It's still a revenue stream for them. But I could easily see them not developing the apps anymore without stronger assurances of long term support.
I know at least Apollo would not be returning, the dev made that clear when they asked about extensions that they would not be putting the bot on the platform and that regardless of if an extension was given the project was being sunset.
Spez is a sacrifice. He says all the villain words, gets everyone to hate him, then he is fired with a severence so reddit can give mods their bots back and call it a day while not addressing any of the wider concerns.