Reddit Threatens Subs to Go Public Again, or Else... - eviltoast

The site is handing out Thursday deadlines for reopening as key metrics take a hit.

  • dethb0y@lemmy.world
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    1 year ago

    Reddit’s admins don’t recognize that they have very few levers to control the mod teams. They don’t pay them, they don’t give them any special benefits or consideration, and they (clearly) don’t even respect them either. All that’s left is the stick of removal, and that’s only as threatening as the person is committed to being a mod on a site that clearly views them as a disposable tool.

    They’ve already replaced some mod teams with new people, and i suspect that’ll continue, and likely cause enormous disruption as people discover being the mod of a large subreddit sucks and is very tedious, dull work that isn’t actually fun at all.

    Considering how much money reddit makes off the vast amount of free labor provided to the site you’d think they’d have more sense, but, here we are.

    • sorenant@lemmy.world
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      1 year ago

      Imagine complaining about theoretical lost revenue to 3rd party apps when your business depends on volunteer work.

      • CosmicCat@lemmy.world
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        1 year ago

        I found this to be really confusing. On the one hand, they’re losing so much revenue from 3rd party app users. On the other hand, 0.0001% of redditors use 3rd party apps. You can’t have it both ways, spez.

        • jscummy@sh.itjust.works
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          1 year ago

          At this point, I think the percentage he gave was a bald faced lie. Older users definitely have a way higher percentage not using the official app

          • Thereisalamp@lemmy.world
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            1 year ago

            Agreed. Additionally, you couldn’t breath a whisper about the official app without the thread turning into “you don’t know what you’re missing, try x,y,z app!” Which had to encourage more than a few app immigrants

            • 🦥󠀠󠀠󠀠󠀠󠀠󠀠@lemmy.world
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              1 year ago

              At the very least, anyone who bothered investigating a 3rd party app for Reddit was probably also bothered enough to post and comment on Reddit too and potentially be a power user. That’s going to be a drain on quality content at the very least.

      • Hup!@lemmy.world
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        1 year ago

        The crazy part is Reddit had a profit sharing agreement with RIF… and was actually making revenue off it for a while. Then Spez shut it down with little or no negotiation in 2016.

    • sickmatter@fedia.io
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      1 year ago

      I haven’t seen such delusion in a business model since Musk bought Twitter and caused most of their revenue to cease.

      • josephramoney@mastodon.online
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        1 year ago

        @sickmatter @L4s @dethb0y

        Musk didn’t buy Twitter to make money, Musk bought twitter along with him Saudi Arabian investors, to buy the conversation, and kill it, and in that he is reaping all the benefit he was looking for, as well as access to the Saudi market

    • Briguy24@kbin.social
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      1 year ago

      Fuck the Admins. They may be the owners of the ships but mods did all the legwork to make Reddit work.

      • G_Wash1776@lemmy.world
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        1 year ago

        Yup, I was a mod of GME, a sub with 300k people and was going to stop using Reddit when Apollo turned off. Thankfully Lemmy actually seems like a legit replacement and there are some decent apps available in Test Flight currently.

        Spez will destroy his own company long before IPO, can’t wait to buy long dated puts when they IPO.