Yeah, that comment doesn't make a damned bit of sense, unless there are 50 million people out there who are like "man, I'd totally switch to Reddit if their shitty app had more ads, there were no third-party apps, and the site was worse. I had no idea their CEO was such a scumbucket! This revelation makes their company and product significantly more attractive to me."

Social media users are notoriously fickle. If you have a vast, devoted community of longtime users, the last thing you want to do is drive them all away.

I think Reddit just got too entitled: forgot how much they rely on their users and figured they could get away with anything because they're just too indispensable to fail. It happens.

Those suckers keeps signing up anyways, the content and communities just don’t matter, except when it chases off new people and stifle mobility and prevents continuous growth.

The value of Reddit to human society at large and the value it provides the corporate that owns it are not at all aligned. There’s a potential they negatively correlate, even. They need new people going through the gates to the Library of Alexandria, and the books are just means to it.