this post was submitted on 01 Jul 2023
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Spez didn't borrow billions of dollars he has to pay back with interest though so he won't need to fire almost all his engineers.
He did however send all the most talented developers working under the platform to his biggest competitor so that wasn't smart.
Third party app devs?
Yeah. He literally called them competitors when they were driving traffic to his website. Now many of them are working on making their applications work with Reddit's true competitors.
Or Condé Nast…