The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…
As crappy as it would be, charging users a couple bucks a month for ad free and the ability to use third party apps would probably have been the best move they could make.