this post was submitted on 07 Jul 2023
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1107
Reddit risks losing its identity in pursuit of profits (www.techzine.eu)
submitted 1 year ago by [email protected] to c/[email protected]
203 comments fedilink hide all child comments
 

Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

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[–] [email protected] 27 points 1 year ago* (last edited 1 year ago) (1 children)

Reddit would implode instantly with only 2K moderators. According to this Reddit post, six years ago there were almost 75K moderators working in subreddits with more than 500 subscribers (i.e. this number only includes moderators who actually have to do some work because their subs are decently active). That number is certain to have grown since then.

[–] [email protected] 17 points 1 year ago (1 children)

“Reddit would implode instantly”

Don’t threaten me with a good time.

[–] [email protected] -1 points 1 year ago

glad i disembarked that submarine