Revenue is usually before expenses. But it's Reddit not Wikimedia--I imagine they're efficient enough to have the $3.4M without having to put up donation pleas.
I was thinking that Reddit would be much more fiscally responsible/efficient than WikiMedia, but of course I have no real data. In truth they are probably much more similar than they are different.
On the one hand, if they are incinerating millions of dollars every month, that's an argument that they could easily afford a few more - after all, they are getting cash from somewhere.
On the other hand, if they are losing money, in a certain sense they have not got even $1 to spare.
I think this is a case where reddit shouldn't listen to mods at all. Because some do use the available tools to randomly ban people some mods do not like. On the contrary, limit the tools to check and approve topics by content.
Those that moderate many subs need to give up some of that responsibility to others. It maybe would improve reddit again.
Anybody who puts money into Reddit has more money than sense.
Their choice. Their loss.
Censorship merely for the sake of censorship has been the incipient downfall of Reddit for around ten years. People should have learned in that time. They didn't.
Today I mentioned on the local /r/australia subreddit that it was 45 years ago this week that the film "Mad Max" had been released.
Now "Mad Max" is a famous and well-known Australian film. You'd expect that there would be some interest in that.
This is what happened to that general-interest post:
post reply Just ICYMI, "Mad Max" was released 45 years ago this week.
from AutoModerator[M] via /r/australia sent 17 hours ago
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As I said above, censorship merely for the sake of censorship. What's the definition of 'very short'? Two words? Ten Words? One hundred words? One thousand words? Once you put the reason for a post, why should you need to add more unnecessary words to prevent it being "disappeared"?
As can be clearly seen, there is no REAL reason for removing this post.
Next time I have a another 'too short' post, I will try an experiment and add about 10-15 lines of extraneous material to pad it out. See if that changes things.
One day I accidentally, don't know how, hit the front page of reddit. On that page was a photo. Looking at the thumbnail, I recognised that it was a photo of an 'iron lung', a machine used half a century ago to help people breathe who couldn't by themselves.
So I threw a comment at the post saying "An iron lung! I haven't seen one of those for over 40 years." or something similar.
The next day I received a mail from one of the weird, never-heard-of subreddits. It said I was banned permanently from that never-heard-of-before sub-reddit because I was a commenter on a pro-Trump subreddit. Yes, that 'iron lung' comment of mine was on a pro-Trump subreddit.
When I complained about unnecessary censorship, my post complaining of that unnecessary censorship was "disappeared".
"Huh? Wha'?" was my reaction. Up till then I'd heard of Reddit censorship, but had never been a victim myself.
Reddit is not long for this world. It'll go the same way as Digg, Voat, MySpace and all those other social-media corpses.
How certain are we that those 4 people are in fact individuals rather than a group? Or that some of the other mods are not the same person as the 4 individuals?
16 comments
[ 2.8 ms ] story [ 52.7 ms ] threadIn their filing to go public, reddit disclosed their CEO's compensation was $193 million last year.
Their revenue was $804 million. It's not a huge amount for them. They'd just rather not pay it.
They made $804M after all expenses? Or before?
On the one hand, if they are incinerating millions of dollars every month, that's an argument that they could easily afford a few more - after all, they are getting cash from somewhere.
On the other hand, if they are losing money, in a certain sense they have not got even $1 to spare.
Or perhaps open an API to moderators, limited to the subreddits they moderate. I'd love love love to have been able to do more from Discord, but nope.
Those that moderate many subs need to give up some of that responsibility to others. It maybe would improve reddit again.
Bad mods are worse than bad users.
Their choice. Their loss.
Censorship merely for the sake of censorship has been the incipient downfall of Reddit for around ten years. People should have learned in that time. They didn't.
Can you say more about what you mean?
Today I mentioned on the local /r/australia subreddit that it was 45 years ago this week that the film "Mad Max" had been released.
Now "Mad Max" is a famous and well-known Australian film. You'd expect that there would be some interest in that.
This is what happened to that general-interest post:
As I said above, censorship merely for the sake of censorship. What's the definition of 'very short'? Two words? Ten Words? One hundred words? One thousand words? Once you put the reason for a post, why should you need to add more unnecessary words to prevent it being "disappeared"?As can be clearly seen, there is no REAL reason for removing this post.
Next time I have a another 'too short' post, I will try an experiment and add about 10-15 lines of extraneous material to pad it out. See if that changes things.
One day I accidentally, don't know how, hit the front page of reddit. On that page was a photo. Looking at the thumbnail, I recognised that it was a photo of an 'iron lung', a machine used half a century ago to help people breathe who couldn't by themselves.
So I threw a comment at the post saying "An iron lung! I haven't seen one of those for over 40 years." or something similar.
The next day I received a mail from one of the weird, never-heard-of subreddits. It said I was banned permanently from that never-heard-of-before sub-reddit because I was a commenter on a pro-Trump subreddit. Yes, that 'iron lung' comment of mine was on a pro-Trump subreddit.
When I complained about unnecessary censorship, my post complaining of that unnecessary censorship was "disappeared".
"Huh? Wha'?" was my reaction. Up till then I'd heard of Reddit censorship, but had never been a victim myself.
Reddit is not long for this world. It'll go the same way as Digg, Voat, MySpace and all those other social-media corpses.