Most people I think see through this, they’re just trying to bring in some bag holders to inflate the share price while they cash out.
Yeah I don’t think mods and “power users” that stayed after last year are necessarily against reddit succeeding, just not willing to buy in at a 6.5bil valuation for a company that can’t turn a profit and lost 90+ mil last year and 700+ cumulative. The CEO got 193 mil last year it’s clear where their priorities are. And after the bad will they gained last year burning mods and third party apps it’s not a big surprise many are watching with a big ol’ bucket of popcorn.
They kicked myself and my entire mod team from r/Canning because we held a vote and our users asked us to shut the community down in protest of their 3rd party app policies.
Then recently they emailed and messaged me telling me I could get in on the ground floor of buying shares.
That’s going to be a big resounding “no” from me there u/spez.
They emailed me too. Guess I was a power user, because I wasn’t a mod!
I ignored it. It’s especially egregious because I’m Canadian, and I think it’s for Americans only.
Since they killed third-party apps, I think I’ve gotten more emails from them than the number of times I’ve signed in. Haven’t even posted a single comment since RIF died.
Canadian here as well, and no — we can’t participate. Not that it hasn’t stopped them from contacting me several times anyway.
Unfortunately, even if this IPO crashes and burns the real villains in this story are going to make it out with millions in their pockets.
I didn’t know too much about canning before the drama last summer (except that it’s hard physical kitchen labor I’d rather not do), but when I read what was going on it was clear you guys were really holding the line against the continual bombardment of the sub with truly unsafe “hacks” and “shortcuts” and “it never hurt me and I’ve been doing it for years” posts. I am absolutely convinced there are a non-zero number of people who are alive because you stopped them from this stupidity, and the painstaking, precise work you put into sourcing your statements and linking the science was quite impressive even to this total non-canner.
And then Reddit admin put their scabs in anyway.
Which is to say that Reddit admin is made of fools. I split in solidarity when the API changes kicked the accessibility users off (the third party app devs were the ONLY folks who cared enough in almost two decades to make Reddit usable for anyone needing accessibility) but afterward, reading about what they did to gut harm reduction in various subs like r/canning just convinced me that I was right to consider them literally conscienceless and take my posting elsewhere.
Their loss. In so many ways. Glad you’re here on Lemmy too.