"Why would even a ruthless money-over-everything Wall Street investor want to gamble on that?" I think you are missing an even larger point here. What is Reddi

"Why would even a ruthless money-over-everything Wall Street investor want to gamble on that?" I think you are missing an even larger point here. What is Reddit without its communities and users? At the end of the day, if people are no longer love using Reddit, there's nothing left to their business. How anybody thinks that the API decision was a good one in light of that (alienating your own power users) is beyond twitteresque.