A more important point about Reddit specifically is that when Reddit finally goes IPO, all the mods get ZERO. The investors and the engineers and all the workers at Reddit will become rich, but the people who do the most important work, as outlined by the brief, are the anonymous moderators that create the culture of every subreddit. They get NOTHING.
I find it amazing that this hasn't been brought up by the moderators themselves, and they're okay getting all the outcome and profits from their hard work literally picked away by Reddit. They don't even share in the profits of the advertising revenue from their subreddits! It's really incredible to me.
I find it amazing that this hasn't been brought up by the moderators themselves, and they're okay getting all the outcome and profits from their hard work literally picked away by Reddit. They don't even share in the profits of the advertising revenue from their subreddits! It's really incredible to me.