Apollo will close down on June 30th
I just don’t see Reddit’s response here other than “yes, turns out we are the bad guys who have been continually lying and manipulating the situation for our benefit”. I wonder if they’ll see employees quit over this. How do you trust your employer after this? I bet some subreddits will go permanently private or delete themselves over this.<p>Just absolutely stunning turn of events, massive kudos to Christian for recording his calls with them for over a year (legally I might add). Reddit has 0 wiggle room here.<p>EDIT: Just spitballing here but could an employee bring a shareholder lawsuit for negatively impacting financial outlook or destroying brand value? I feel like this is going to significantly reshape Reddit as moderators of large subreddits will be furious and quit if not destroy entire subreddits. Just look at how many big (millions and tens of millions of subscribers) subreddits are signed onto the blackout letter <a href="https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;ModCoord&#x2F;comments&#x2F;1401qw5&#x2F;incomplete_and_growing_list_of_participating&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;ModCoord&#x2F;comments&#x2F;1401qw5&#x2F;incomplet...</a><p>EDIT 2: Is spez (Steve Huffman, CEO and cofounder) going to lose his job over this?<p>EDIT 3: Christian says in the post the refunds will cost him personally about $250,000. Does he have a claim against Reddit for that money I wonder? I&#x27;m sure lawyers are looking closely at the agreements right now.<p>EDIT 4: #1 Reddit Android app &quot;Reddit is Fun&quot; is shutting down too <a href="https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;redditisfun&#x2F;comments&#x2F;144gmfq&#x2F;rif_will_shut_down_on_june_30_2023_in_response_to&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;redditisfun&#x2F;comments&#x2F;144gmfq&#x2F;rif_wi...</a>