this post was submitted on 10 Jun 2023
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Technology
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Yeah I don't imagine that Reddit has a deep bench of people who have the skills needed to moderate a sub with millions of users and are willing to do it for free
Tin foil hat stuff though: what if they intend to pay moderators they hold on thrall, but they need to get rid of the current ones first.
Spez just admitted they aren't profitable. I can't imagine they will pay new people when they could have paid the old mods
Unless he was lying about profits in some half baked attempt to look like the underdog against the big mean apps.
That would be really stupid considering they are going to IPO soon. Honestly I don't get why you would announce with such a weird combination of pride and snark that you are unprofitable.
Wouldn't be the first time a corporation says one thing to the public and the complete opposite to its shareholders.