Admit they dropped the ball when it came to decision making and let employees know they are taking care of their cash cow (power users, content creators, and mods).
the real cash cow is the content. with an IPO looming, the only concern is how best to monitize all of the free work that has been done for them over the years. that is all. whatever “community” BS that has been fed from corporate to the userbase(*) has been laid bare as a farce.
(*) there may have been a time early on when the feeling of actual community existed at a coporate level and extended to the userbase, but I can assure you that was strangled in the cradle as quickly as possible.
I know people are pissed about this, but what is a CEO supposed to say?
Admit they dropped the ball when it came to decision making and let employees know they are taking care of their cash cow (power users, content creators, and mods).
Are Reddit power users actually their cash cow though?
The people who spend money on awards are.
I can imagine there being at least a few power users that award regularly. Wasn’t there an award you could give out for $100 or something?
the real cash cow is the content. with an IPO looming, the only concern is how best to monitize all of the free work that has been done for them over the years. that is all. whatever “community” BS that has been fed from corporate to the userbase(*) has been laid bare as a farce.
(*) there may have been a time early on when the feeling of actual community existed at a coporate level and extended to the userbase, but I can assure you that was strangled in the cradle as quickly as possible.