2y ago

Reddit CEO Triples Down, Insults Protesters, Whines About Not Making Enough Money From Reddit Users

www.techdirt.com Reddit CEO Triples Down, Insults Protesters, Whines About Not Making Enough Money From Reddit Users

Steve Huffman, the CEO of Reddit, has decided to just keep on talking. After his disastrous AMA helped inspire more subreddits to join a 48 hour blackout, and his dismissal of the protesting subred…

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Yes, Reddit is a big dataset and yes, Reddit deserves to make some money off that if other organisations are going to scrape that data, for AI or anything else.
That's what they should be blocking and monetizing. Not those few users using 3rd party apps. Those folks (posters, mods) are amongst the ones creating that data set for Reddit, free of charge.
They are right about needing to make money to continue as a successful business. But they are doing it the wrong way and alienating their key assets.
Which is why I'm here :)
- Why does reddit deserve to make profit from content made by others? They are service provider - they are not entitled to the work of people who used their service.
  
  Ok. I'm about to abandon an account that's 17.5 years old. I despise what reddit is proposing.
  But, honestly, how do you propose they turn (some) profit so it could last forever? Losing money isn't a long-term recipe for success. I've got no problem with reddit seeking to profit. I've got a problem with their short notice and their refusal to let third party clients be part of the ecosystem they wish to create.

Genuinely don't understand how reddit has failed to make money.
Reddit's entire value is based upon the unpaid contributions of its users- they generate and moderate all the content on the site for free, and these are the things that bring people to the site.
How entitled must one be to think they can ignore all this and be fine?
Also how tf is reddit not able to break bank?
The functionality of their website was relatively simple - not underming the reddit devs here. The costs must've been minimal before the redesign and the dumb ass decision to host their own images and videos. Did they burn up all their money for the redesign and the shitty app?

This man just does not know when to shut up.
- I guess at least he's being honest? What he has to say is shitty, but I guess it's better than being lied to.
  
  I wish he was honest to begin with and said "Hey, we're no longer supporting third party reddit clients. I get you'll be pissed about that but them's the beans we have to drive more people to our app for money reasons"
  Instead, this whole charade reeks of stupidity and desperation.

Deleted my Reddit account today, not gonna let Huffman use my content to make money and his attitude is very concerning tbh
- Waiting on them to fulfil my GDPR data request.
  One I've got all my data (since there was some useful stuff there over the years) I'll follow up with the "right to be forgotten" request as well.
  
  Keep us updated how this goes. Are they even governed by EU law if they are in the US?

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