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

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111 points

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.

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66 points

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

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27 points

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.

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14 points

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

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2 points

Bots don’t use 3rd party apps.

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6 points

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.

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11 points

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

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6 points

@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

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10 points

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

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4 points

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.

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3 points

Who are the scab mods who are coming in? Are they getting paid?

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1 point

I seen some people theorize that some of those power mods got paid (or is it payed? Idk which one the reddit bot used to say lol) by Reddit, specifically i saw some ppl say that about awkwardtheturtle, but am not sure if its true or just a conspiracy theory, or ppl tryna make sense of someone caping so hard for a company and antagonizing regular ppl for free lol.

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0 points

It would be absolutely horrible if when the site inevitably becomes even more poorly moderated and overrun by neo-nazi adjacent content, if we were to collect some evidence of this and tragically send it directly to a few media outlets. It would be so horrible if those outlets then covered reddit like they cover Voat and 4chan now. A true tragedy it would be if reddit lost 80% of its advertisers overnight due to this.

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1 point

Twitter is an alt right cesspool and it’s still got advertisers.

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0 points

Fuck massages

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