this post was submitted on 28 Jun 2023
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Reddit is telling protesting mods their communities ‘will not’ stay private (www.theverge.com)
submitted 1 year ago by dvdnet90@lemmy.world to c/reddit@lemmy.ml
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[–] Chamotrans@lemmy.ml 12 points 1 year ago (1 children)

They are losing 1. Quality in UGC; 2. Quantity in UGC; and 3. Unpaid mods, which are all considered most important assets in terms of their (Spez’s) IPO.

[–] fcuks@lemmy.world 1 points 1 year ago

Are they losing enough to have an impact to their ad traffic however? Something reddit definitely have lost is the monopoly on online communities, now there's a bunch of alternatives that people use which has definitely reduced the value of reddit.