Reddit the company or Reddit the platform? Or both?

Personally I still have a lot of love for Reddit as a community, which extends to as a platform. I'm not a big fan of the current corporate leadership, they seem to have enough sense to not piss off users completely but it also seems pretty clear they have a vision to turn Reddit into another mindless scrolling app, and the users (many of which have been with the platform for a decade or more) are useful as free moderation staff and content producers and don't have major influence on the direction of the platform or company.

Problem is, let's say Reddit 'dies'. What exactly does that look like? It's not like the site would just shut off and go dark and everybody goes home. It is now a publicly traded company worth $30 billion. Spez is accountable to the board of directors who themselves are accountable to the shareholders. And if Reddit fails, none of them are just going to sit there and do nothing while that happens. You might get very very very lucky, the board of directors might replace company leadership with someone interested in preserving what made Reddit great. I'm talking somebody who would bring back /r/all, roll back a lot of the new Reddit style stuff, etc. More likely they would say if spez isn't making them money they will find someone who will and you'll get somebody who has no understanding of the community and decides to turn the screws on monetization. Or if the company loses a lot of value it would just be bought up by a private equity firm that would ring every last dollar out of it and run it into the ground in the process.

All I'm saying is, think of wishes like that like a genie in a bottle, you make a wish and there's a good chance it will backfire.