this post was submitted on 09 Jun 2023
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Reddit

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founded 5 years ago
MODERATORS
 

How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community engagement?

We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable.

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[–] [email protected] 24 points 1 year ago (1 children)

There are so many ways they could have made it viable. Like comically easy. But that was never what they were interested in. The thing that they aren't willing to just come out and say, is that their own app is built to generate advertising revenue. They have absolutely zero interest in fostering a 3rd party community, and the only concessions they are going to make are for things that actually have a chance at saving the spending money (i.e. make sure the free labor they get from moderators stays and make sure other people deal with questions like accessibility).

[–] [email protected] 10 points 1 year ago

Can't shake the feeling it'll be a pump & dump. It would be truly poetic for Reddit to be pumped up with bot content, IPO, then dumped.