Yeah. I think this is pretty much the accepted narrative. Kill the 3P apps -> Consolidate the user base -> Serve everyone adds -> Hopefully turn a profit -> Go public or sell the company -> Founders/Investors cash out and profit.
The collateral damage is that they risk killing the culture that makes Reddit a place people want to congregate.
Yeah. I think this is pretty much the accepted narrative. Kill the 3P apps -> Consolidate the user base -> Serve everyone adds -> Hopefully turn a profit -> Go public or sell the company -> Founders/Investors cash out and profit.
The collateral damage is that they risk killing the culture that makes Reddit a place people want to congregate.