I honestly don't know if this is allowed here but I thought this is malicious compliance at its finest.
If you don't want to drive traffic there I'll repost what the mods posted below:
POLL: Decide on the future of /r/Pics!
Hello, /r/Pics subscribers!
Boy, what a whacky time we've all had lately, huh? Reddit decided to kill off third-party applications, a protest got planned (and possibly exploited by bad actors), the site showed up in the news, various communities started opening back up, others decided to stay inaccessible, and then the CEO of Reddit implied that a bunch of moderators would be removed from their positions!
Crazy, right?
Anyway, we – the so-called "landed gentry" – definitely want to comply with the wishes of the "royal court," and they've told us that we need to run the subreddit in the way that its members want. To that end, we figured that the only reasonable thing to do was directly ask how you'd like things to progress from here.
Which of the following should we do?
-
Return to normal operations
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Only allow images of John Oliver looking sexy To be clear, if people choose the second option, screen-grabs from videos will be allowed (provided that there aren't any visible logos, inserted graphics, or other digital elements present). You could – if you wanted to – look through episodes of Last Week Tonight on YouTube, find moments featuring John Oliver at his sexiest, then post images of those moments here.
It's entirely up to you! Whatever the /r/Pics community decides is best, we'll respect!
Vote, friends! Vote now!
(You can vote by upvoting either of the comments in the thread below.)
Voting has now closed.
Our final tally is as follows:
Return to normal operations: -2,329 votes
Only allow images of John Oliver looking sexy: 37,331 votes
It would seem that the community has spoken!
Henceforth, /r/Pics will only allow images of John Oliver looking sexy.
(Said images must adhere to all of the community's other rules, including those mandated by Reddit.)
Happy posting!
Spez is thick as fuck but reddit will likely IPO and be just fine, this was a battle that didn't need to be fought.
Spez is a bad leader and his goals lie contrary to reddit's mission statement.
I left last time, I think it was the Victoria thing, and I joined Voat and that quickly went to shit. Reddit will get what they want from this which is more mainstream use.
I would argue that this whole thing will delay or devalue the IPO. Institual investors will look at this rather public fight and question his leadership. And the whole attempt at damage control makes him look bad. The only investors that will look past this fiasco are those who are doing the long play, and even then, they likely won't want Spez involved.
From a risk perspective, Reddit has just highlighted it's biggest risk: the volunteer moderators. The only way Spez will be able to fix that is to replace moderators with AI or paid moderation teams. At an estimated value of $3.4M, and a company that is not profitable, that increases the risk in terms of the business model.
In general, social media is inherently flawed for profits. The path to monetization is ads and data, and the fact that Spez is now squeezing the users make me think that the value of the data and the ads is not producing the returns to compensate for dumb ideas like the NFT project.