Reddit leadership about to cash in on IPO
Posted Jun 12, 2023, 2:56 AM UTC
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Is there a legit Reddit alternative?
Came here from digg over a decade ago...
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I did, too. Fark before that. Unfortunately, nothing is really viable, yet, and will take a long time to populate even after it comes around.
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Honestly, reddit was much better when I joined in 2011. Having hit mainstream made this site pretty shit.
A smaller community is always better imo.
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I think you may get your wish: the internet will likely fracture after this, which I would argue is for the best.
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[ removed by reddit ]
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Lemmy.
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People are joining discord servers of their interests, and you often find better content in them than in specialized subs.
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Fuck u/spez
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Lol
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They want us to pay for the privilege of being the content.
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[removed]
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You know, I really don't feel badly about someone making money by providing me with the platform that provides a service that I pay nothing for and that I enjoy using.
Sure, I come here for the content and for the interactions and those things are provided by me and the other users, and mods. As far as I'm concerned, that's a fair deal.
FWIW, like a lot of other people, I was involved with trying to make a go of a system that was partly community based content/interaction and mostly 'fee' content created by us. Free in quotes because ads paid part of the cost.
It grew from 3 employees to 300 employees before it got gobbled up by an even bigger company. Those 300 people we're sitting around doing nothing. It takes a lot of money and a lot of work to make something like that work.
If Reddit has a successful IPO, it's not going to be just the founders who benefit. There are going to be a lot of employees and a lot of investors who also benefit.
Do I expect a payout for my 'work' on Reddit? No, but it's probably worth about as much as a cup of decent coffee, and that's before taxes. I'm sure other people have contributed more to Reddit's success, but did they ever expect a payout because that would be really weird if they did. So what would be the point of volunteering effort to help a community succeed, and then complaining that you didn't get paid for volunteer work?
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There's plenty because being a janny is the only thing any Reddit mod has going for them. Without the ability to janny, their life has no meaning
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Based
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Feel free to use the image
Do the Lerds werk. Many thanks.
Just like the mods' work!