Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.
They just started charging for API usage so isn’t it already not open?
And then everyone started deleting accounts, comments and even rewriting and poisoning their comments. The data was way better before the API change.