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> Reddit mods do an estimated $3.4 Million in labor all for free each year. Reddit likely can't afford such a bill In their filing to go public, reddit disclo

> Reddit mods do an estimated $3.4 Million in labor all for free each year. Reddit likely can't afford such a bill In their filing to go public, reddit disclosed their CEO's compensation was $193 million last year. Their revenue was $804 million. It's not a huge amount for them. They'd just rather not pay it.

vba616 3y ago
>Their revenue was $804 million. It's not a huge amount for them. They made $804M after all expenses? Or before?
- karmakaze 3y ago
  Revenue is usually before expenses. But it's Reddit not Wikimedia--I imagine they're efficient enough to have the $3.4M without having to put up donation pleas.
  - deleted 3y ago
    [deleted]
  - vba616 3y ago
    I don't understand what you mean, or why you wrote it.
    - karmakaze 3y ago
      I was thinking that Reddit would be much more fiscally responsible/efficient than WikiMedia, but of course I have no real data. In truth they are probably much more similar than they are different.
      - vba616 3y ago
        They seem to be losing money. On the one hand, if they are incinerating millions of dollars every month, that's an argument that they could easily afford a few more - after all, they are getting cash from somewhere. On the other hand, if they are losing money, in a certain sense they have not got even $1 to spare.
pavel_lishin 3y ago
As a mod, I would have been happy if they'd invested that money into better mod tooling much earlier. Even now, it sucks. Or perhaps open an API to moderators, limited to the subreddits they moderate. I'd love love love to have been able to do more from Discord, but nope.
- raxxorraxor 3y ago
  I think this is a case where reddit shouldn't listen to mods at all. Because some do use the available tools to randomly ban people some mods do not like. On the contrary, limit the tools to check and approve topics by content. Those that moderate many subs need to give up some of that responsibility to others. It maybe would improve reddit again. Bad mods are worse than bad users.

vba616 3y ago

>Their revenue was $804 million. It's not a huge amount for them. They made $804M after all expenses? Or before?

karmakaze 3y ago
Revenue is usually before expenses. But it's Reddit not Wikimedia--I imagine they're efficient enough to have the $3.4M without having to put up donation pleas.
- deleted 3y ago
  [deleted]
- vba616 3y ago
  I don't understand what you mean, or why you wrote it.
  - karmakaze 3y ago
    I was thinking that Reddit would be much more fiscally responsible/efficient than WikiMedia, but of course I have no real data. In truth they are probably much more similar than they are different.
    - vba616 3y ago
      They seem to be losing money. On the one hand, if they are incinerating millions of dollars every month, that's an argument that they could easily afford a few more - after all, they are getting cash from somewhere. On the other hand, if they are losing money, in a certain sense they have not got even $1 to spare.

pavel_lishin 3y ago

As a mod, I would have been happy if they'd invested that money into better mod tooling much earlier. Even now, it sucks. Or perhaps open an API to moderators, limited to the subreddits they moderate. I'd love love love to have been able to do more from Discord, but nope.

raxxorraxor 3y ago
I think this is a case where reddit shouldn't listen to mods at all. Because some do use the available tools to randomly ban people some mods do not like. On the contrary, limit the tools to check and approve topics by content. Those that moderate many subs need to give up some of that responsibility to others. It maybe would improve reddit again. Bad mods are worse than bad users.