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Addendum to the above:

Reddit executives are reading this action as grumpy people chucking little pebbles at their windows.

And if the blackout ends after 2 days with no concessions from Reddit and no further action from the community…that’s all it is.

Redditors need to ask themselves: How far are they willing to go? Because none of this means a damn thing to Reddit until they believe it impacts their IPO valuation.

https://www.theverge.com/2023/6/13/23759559/reddit-internal-memo-api-pricing-changes-steve-huffman