hey everyone. if you want to post links or discuss the Reddit blackout, its aftermath, and what’s happening going forward, please localize it to this thread in order to keep things tidy! thanks! we’ll see if we need to cycle the thread again before the end of this week, but i don’t know that we’ll need to
And so, it begins https://old.reddit.com/r/ModCoord/comments/14aeq5j/new_admin_post_if_a_moderator_team_unanimously/![](https://beehaw.org/pictrs/image/57777d9b-990f-4340-9204-40f82421ba1a.png)
https://www.nbcnews.com/tech/tech-news/reddit-protest-blackout-ceo-steve-huffman-moderators-rcna89544
Reddit CEO slams protest leaders, saying he’ll change rules that favor ‘landed gentry’
Interesting point about the future of Reddit in that article:
The long-term goal is monetization of subreddits. I’m glad I won’t be there to see that happen.
The only lol ng term goal of most CEO is money in their pocket. But some are to dumb, since they often just fall upwards their whole life, so they run their company into the ground.
I think this is where the Fediverse can shine. If a Corp wants to join and host their own stuff, they can, and it will be really clear. Decentralization means that instead of a single broker of the information we can have a range from altruistic to straight up monetization exist side by side. But why some Corp would pay for a subreddit is crazy…I mean, what is the value prop? Companies would have to pay for the subreddit and then moderate it too?
At least when they were paying for bots and shills there was a modicum of plausible deniability.
Can users vote out the CEO?
Rules for thee but not for me
Shareholders can.
Reddit doesn’t have any shares or shareholders currently.
Yup, fully aware. I guess what I was trying to say was that there is a way to get rid of a CEO - own a lot of the business.
The venture capitalists can if they have a majority of the shares. Since Reddit raised $1.3B, I wouldn’t be surprised if the VCs own more than 50%. The only exception would be if those shares by the VCs are non voting, but I can’t see a VC buying non voting shares.
If anything, the mods are indentured servants who toil on Lord Huffmans plots for free. Landed gentry, my ass.
That’s the exact definition of serfdom.
It’s frustrating that being a mod is first-come-first-serve, but people have been complaining about the system for many many years (/r/Canada is one strong example). So in a way, voting on mods could be a welcome change, but this is clearly not actually for the good of the community.
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