Reddit-the-community's intent is not for it to be publicly traded. That's the intent of a very small number of people who seek to profit off of Reddit-the-community.

Yea of course. Users of streaming services don’t use those services to prolong the success of the providers yet they continue to buy in for services rendered. I think a truly community driven approach is going to be independent of Reddit as a backbone.

The important difference with streaming services is that much of their revenue goes to pay people to create content. Reddit users contribute content and labor so it can be seen by other users. So trying to run Reddit with the iron fist and customer disregard of your usual company will, as they are discovering, sometimes lead to problems.