this post was submitted on 29 Jun 2023
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That’s a recent quote from Reddit’s VP of community, Laura Nestler. Here’s more of it: This week, Reddit has been telling protesting moderators that if they keep their communities private, the company will take action against them. Any actions could happen as soon as this afternoon.

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[–] [email protected] 3 points 1 year ago (5 children)

True, but there are hundreds of thousands of people who are willing to become mods, even with no pay and awful administration.

[–] [email protected] 2 points 1 year ago

I'll be honest. It's hard to feel much sympathy for someone who chooses to continue kissing the boot.

[–] [email protected] 1 points 1 year ago

Unfortunately very true!

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[–] [email protected] 2 points 1 year ago

With so many of the power-users and mods abandoning ship, we'd better start a death pool for old.reddit.com, since it's mostly power-users that stay with old Reddit. How long until it gets Spez'd so desktop users have to suffer enshittification with the mobile app users?

[–] [email protected] 2 points 1 year ago (2 children)

Who is investing in Reddit at this point? I guess they can just dump their shares against etf buying.

[–] [email protected] 3 points 1 year ago (5 children)

Reddit is not public, so it’s just private investors at this point that funded series tranches. They, of course, are pushing to have Reddit get profitable and then IPO.

I guess we will see what happens, but Spez may have totally messed-up their plans with the inept API pricing and the response to the concerns about it.

It could have been totally averted if they just introduced a reasonable user fee and license that could be used in any third party app.

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[–] [email protected] 3 points 1 year ago (6 children)

Well, WSB is planning to short the stock as soon as the IPO opens. Technically that's investing

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[–] [email protected] 1 points 1 year ago

Should have thought about that before you started treating them like serfs.

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