Steve Huffman, the Reddit CEO, told NBC News in an interview that a user protest on the site this week does not have wide support and is led by a minority of moderators.
Huffman said, however, that he’d like some form of revenue-sharing.
“I would like subreddits to be able to be businesses if they choose,” he said, adding that’s “another conversation, but I think that’s the next frontier of Reddit.”
Reddit is only going to get worse. I’m glad I jumped ship when I did.
a small % of the profits
But since Reddit isn’t profitable, that means profits are actually negative and they’ll have to pay. If they are profitable, no way there’s any sort of profit sharing. At best, a discounted reddit t-shirt that they’ll be warned against wearing in public due to the additional anti-user policies they’ll be putting in place.
Reddit is only going to get worse. I’m glad I jumped ship when I did.
It’s really a shame that everything good and valuable in the world has to be boiled down to a fucking dollar sign…
Another prediction;
Moderator slots will be up for sale at some point as businesses buy them and start pushing their products/services more aggressively.
“normal” moderators who agree will get a small % of the profits.