> Over the long term, Reddit’s scrambling efforts at financial security may prove just as futile as the moderators’ attempts to fight back. I wish this lede wa

> Over the long term, Reddit’s scrambling efforts at financial security may prove just as futile as the moderators’ attempts to fight back. I wish this lede wasn't buried. Reddit was always going to "win" any battle with the moderators - it's their platform, and they can be as nice or as nasty as they please. They might have trouble finding replacement moderators, especially if recent reporting is anything to go by, but the elephant in the room is that Reddit might not be viable as a business. Twitter was at the very least treading water until it was loaded down with debt that put it in its current death spiral. Reddit seems to have lit a decade's worth of investment money on fire with precious little returns to show for it.