Iirc some moderators are actually paid, not by reddit though. Like Indie Stone, the maker of Project Zomboid, pay for moderation team on reddit. But that's just a drop in the ocean.
this post was submitted on 27 Feb 2024
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I'm definitely going to short this stock
No wonder they're such assholes.
We must all as a nation, stop using Reddit, it's way too ban happy anyway
I got perma banned there a couple years ago for making someone upset.
Ok, serious question: were the moderators offered share options, or are they hoping that the company would eventually compensate them? Or is this discussion blanketed by an NDA?
Yes, some of us got this email on Monday.
Pretty sure most old and/or active accounts received this regardless of being mods, though.
No to all 3 questions afaik.
No, maybe in some cases, no.
Are you saying he's doing an excellent job on maximizing output?
The moderators who run much of the site are not paid directly, but they're definitely in league.
Powermods took over reddit a long time ago. Hell, I'd go so far as to say reddit secretly promoted r/the_donald and other extremist subreddits, and had a direct hand in getting him elected.
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Mods are paid in their ability to power trip
But reddit hasn't been profitable, right?