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https://forums.macresource.com/read.php?...sg-2840540
would someone please give the short explanation?
I sign into a reddit community every once in a great while.
I don't understand the hubbub.
Is it reddit wants to charge communitys for the use of it's site?
“Art is how we decorate space.
Music is how we decorate time.”
Jean-Michel Basquiat
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As I understand it, Reddit management is preparing it for an IPO. As part of this they want to charge outside developers for the tools they provide as the tools provided by Reddit totally suck for group moderation. One particularly useful set of moderation tools comes from a developer who Reddit claims is costing them $20 million in ad revenue a year. So that developer and others are basically being told pay us large amounts of money or be blocked from the reddit platform. The moderators of many groups are being faced with being unable to do their (unpaid) jobs effectively and are up in arms. Ultimately the content in those groups is what brings people to Reddit, and that gets them ad revenue.
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thanks for the link.
I had no idea reddit was to be a public company.
I just though it was kind a collection of forums.
So it's another twatter looking to make it's owner(s) bazillionaires no matter the ultimate cost. Even if it means cutting off the left arm with the right.
Oh well.
“Art is how we decorate space.
Music is how we decorate time.”
Jean-Michel Basquiat
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You are seeing one of the next 'failure to understand your business despite being a founder' chapter being written at reddit right now.
Reddit is about to lost most of the most used forums. Whether the CEO likes it or not.
He seems to not care, figuring a smaller reddit with paid users is better than the current, open reddit.
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I found this site useless for me.
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I use reddit quite a bit and all of the fuss has been inconvenient and frustrating. I don't know if the forums will open up again or if reddit will become the next Digg. We will see.
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Way too late for them to become the next Digg. They will churn new mods to replace the old ones.
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chopper wrote:
Way too late for them to become the next Digg. They will churn new mods to replace the old ones.
That assumes the new mods have the knowledge to be effective and keep their reddits alive and on track. Bad moderators will just drive away the people who would post and cause page views with the included ads.