> Reddit has experimented with a paid premium service, but they couldn't paywall any core functionality because having as many users as they can get is critical

> Reddit has experimented with a paid premium service, but they couldn't paywall any core functionality because having as many users as they can get is critical to their success. Businesses can certainly be "successful" with premium services, especially at Reddit's scale. What's happening there is textbook greed, where leadership chases hockey stick growth. At this point they must understand that this will be the downfall of the service, yet they're intentionally willing to make that sacrifice for short-term gains. Good riddance. There are plenty of other services that can replace Reddit. The circle of the web.