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Râu Cao ⚡ (raucao@kosmos.social)'s status on Sunday, 25-Feb-2024 00:17:46 JST Râu Cao ⚡
in reply to
- feld
@feld IT'S A MONOPOLY!!1!

In conversation about 9 months ago from kosmos.social permalink
- LS likes this.
- feld (feld@bikeshed.party)'s status on Sunday, 25-Feb-2024 00:17:47 JST feld
  
  "Help help I'm being taken advantage of but I can't be bothered to stop volunteering my labor and use another website"
  
  RT: https://mastodon.social/users/nixCraft/statuses/111986008803014267
  In conversation about 9 months ago permalink
  Attachments
  1. nixCraft 🐧 (@nixCraft@mastodon.social)
    
    from nixCraft 🐧
    
    Attached: 1 image Reddit is going public via the IPO route. Last year, the CEO got $193 million, but moderators are not paid and expected to work free past IPO. Only some moderators and active users in the USA can apply for Reddit's initial public offering to buy stock at a special price. Most Reddit users are motivated by fake karma points and likes. Also, they banned all unofficial Reddit mobile clients. Meanwhile, the CEO profits while everyone provides free labor. More https://www.thedailybeast.com/reddit-files-to-go-public-reveals-that-it-paid-ceo-dollar193-million-last-year?

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