Reddit just wrapped up its second earnings call as a public company and CEO Steve Huffman hinted at some significant changes that could be coming to the platform.
Reddit just wrapped up its second earnings call as a public company and CEO Steve Huffman hinted at some significant changes that could be coming to the platform.
Ok so…people would pay him, for the privilege of providing him with content, that he will then sell to the highest bidders, keeping all profits for himself, and continuing to do this in perpetuity, because they also paid for the privilege of having him own the content they created until the end of time. Do I have that about right? (Yes I know it’s not actually exactly him)
And also probably have volunteer mods in the paid subreddits…
Why even stop at that? Make mods pay for the privilege of having to work moderating
Pretty much textbook MLM strategy. You can be the mod of the Suckers’ Channel, but you need to pay me a stipend for the privilege.
Its already how a bunch of the site works, given how much influence advertisers and influencers have over what hits the front page.
Taking a page right out of Elsevier’s playbook!