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Reddit Ramps Up Its Threats To Protesting Mods, As Ad Buyers Leave (www.techdirt.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…

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[-] mriguy@lemmy.world 19 points 1 year ago

If investors have any memory at all though, they aren’t going to give him tons of money, because he triggered the Reddit collapse before he sold out.

[-] jecxjo@midwest.social 5 points 1 year ago

The Online Ad Game is not a long one. It's about getting people to show up to your site when the ad is shown. No one is paying Reddit to grow brand recognition.

[-] Lenins2ndCat@lemmy.world 4 points 1 year ago

IPOs are all pump and dumps. No exceptions.

this post was submitted on 30 Jun 2023

1154 points (97.4% liked)

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