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What happens to all the work from the moderators once they realize they are working for a public traded company for free? Doesn't this break peoples willingnes
by boringg 5y ago
What happens to all the work from the moderators once they realize they are working for a public traded company for free? Doesn't this break peoples willingness to build those communities once they realize their hard worked time is getting squeezed to investor dollars? I understand it was a private company beforehand but now it must really feel bad to know how much people are making off your goodwill. Totally effed up model.
FWIW I actually like reddit for the specific communities but tough to see how it isn't going to get further diluted and mods are increasingly going to be less interested is my take - further eroding its value proposition.
- villasv 5y agoModerators have always been working for "free" (or for their own reasons, there are monetized subs). The fact that Reddit is public or private doesn't change a thing. Why would working for free for a privately owned company would be easier on the mind? Do you prefer to be explored by a few wealthy individuals rather than the whole open market?
- colinmhayes 5y agoI think a lot of moderators don't realize they're working for a multi billion dollar company atm. It's much harder to hide that when you can google reddit's stock price.
- BitwiseFool 5y agoI think a substantial number of powermods are either paid by some influence agency, or they do it for free because they're activists who believe they're fighting for a righteous cause.