this post was submitted on 26 Jul 2023
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I think we're going to be seeing new waves of Reddit users on a fairly regular basis. Steve Huffman likes to roll these things out slowly in drips and drops, and it is very unlikely that this move alone will make reddit significantly more profitable to run. If he wants to do an IPO soon then he's going to need to make some more choices that really annoy the users (banning porn seems like an obvious one, even though he's said something like he's fighting to keep porn on reddit). They're going to keep cracking down in dumb and obvious ways on things and redditors will abandon ship just as soon as something they care about gets in some way messed with.
Don't forget that redditors have left reddit in large chunks dozens of times in the past.