Thousands of moderators overseeing the site’s subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature, columnist Anita Ramaswamy writes.
Thousands of moderators overseeing the site’s subreddits are on strike. It’s a wrinkle in Reddit’s plan to go public, and a sign that plan is premature, columnist Anita Ramaswamy writes.
The funny thing is, Reddit might have had a chance to become profitable. If spez implemented a reasonable pricing scheme for the API (even charging two or three times what they’d expect to make from a user using the first party app–magnitudes lower than the proposed pricing), and if they made a few other adjustments, it might be profitable. They already had the advantage of not having to pay for moderation, which was huge.
I think the pig is getting away though–he might not even get that first round of bacon.