this post was submitted on 20 Mar 2024
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[–] whotookkarl 91 points 11 months ago* (last edited 11 months ago) (33 children)

Yeah I don't think mods and "power users" that stayed after last year are necessarily against reddit succeeding, just not willing to buy in at a 6.5bil valuation for a company that can't turn a profit and lost 90+ mil last year and 700+ cumulative. The CEO got 193 mil last year it's clear where their priorities are. And after the bad will they gained last year burning mods and third party apps it's not a big surprise many are watching with a big ol' bucket of popcorn.

[–] Yaztromo 115 points 11 months ago (24 children)

They kicked myself and my entire mod team from r/Canning because we held a vote and our users asked us to shut the community down in protest of their 3rd party app policies.

Then recently they emailed and messaged me telling me I could get in on the ground floor of buying shares.

That’s going to be a big resounding “no” from me there u/spez.

[–] [email protected] 35 points 11 months ago (1 children)

Are you saying that they... canned you?

Sorry I couldn't resist.

[–] Yaztromo 25 points 11 months ago

You’re not the first to have noted that — but it remains funny, so we’re good 🤣.

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