this post was submitted on 27 Feb 2024
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Reddit

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[–] acastcandream@beehaw.org 10 points 9 months ago* (last edited 5 months ago)

spoilerasdfasdfsadfasfasdf

[–] TheFrirish@jlai.lu 9 points 9 months ago

I'm definitely going to short this stock

[–] JulesTheModest@sh.itjust.works 8 points 9 months ago (2 children)

Always felt dirty on Reddit. Corporate garbage.

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[–] TheCaconym@hexbear.net 8 points 9 months ago

It's OK though, they offered their top moderators an offer to participate in the IPO and also sent them goodies and snacks, what more do you want ?

[–] itsgroundhogdayagain@lemmy.ml 7 points 9 months ago

I think he is seriously devaluing someone giving those mods Reddit Gold

[–] HawlSera@lemm.ee 7 points 9 months ago (1 children)

We must all as a nation, stop using Reddit, it's way too ban happy anyway

[–] Squiddly@lemmy.world 4 points 9 months ago

I got perma banned there a couple years ago for making someone upset.

[–] JeeBaiChow@lemmy.world 6 points 9 months ago (3 children)

Ok, serious question: were the moderators offered share options, or are they hoping that the company would eventually compensate them? Or is this discussion blanketed by an NDA?

[–] nyctre@lemmy.world 4 points 9 months ago

No to all 3 questions afaik.

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[–] Schlemmy@lemmy.ml 6 points 9 months ago

Are you saying he's doing an excellent job on maximizing output?

[–] SendMePhotos@lemmy.world 4 points 9 months ago

But reddit hasn't been profitable, right?

[–] CloutAtlas@hexbear.net 4 points 9 months ago (2 children)

Elon Musk please do one good thing in your life and buy Reddit and run it into the ground.

[–] Adkml@hexbear.net 6 points 9 months ago

Reddit already naturally lashes out at anything that threatens white male hegemony Twitter he actually had to rip down a bunch of guardrails to get it to the shitshow it is now.

Reddit is doing the work for free.

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[–] rab@lemmy.ca 4 points 9 months ago

Mods are paid in their ability to power trip

[–] Spongebobsquarejuche@hexbear.net 4 points 9 months ago
[–] TWeaK@lemm.ee 4 points 9 months ago (1 children)

The moderators who run much of the site are not paid directly, but they're definitely in league.

Powermods took over reddit a long time ago. Hell, I'd go so far as to say reddit secretly promoted r/the_donald and other extremist subreddits, and had a direct hand in getting him elected.

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