Reddit CEO: Apollo-Related Subreddit Blackouts 'Will Pass,' No Significant Revenue Impact So Far

[easy4lif]

Maybe Reddits CEO forgot about...

Friendster
Myspace
Digg
Vine
4square
ping
Google+

There were many sites before Reddit, there will many after as well.

 

[contacos]

He sounds like such a condescending prick. App deleted

 

[CarAnalogy]

**** u/spez

This guy has proven over and over again he isn't fit to be CEO of a potentially billion dollar company. I don't know how any investors are looking at the way he's handling all of this and thinking to themselves, "yeah, that's a company I want to invest in and support, look at how well it's run!"

This whole thing is a mess. Unfortunately, I don't see it ending reddit today, or even tomorrow, but I hope that everyone banking on making millions in an IPO see nothing but losses for their inexcusable actions and corporate greed.

I doubt he’ll be CEO very long after the IPO. He just wants to cash out and does not care what happens to the product or its users.

 

[Mity]

I hate Reddit. The mods are power hungry a--holes and the platform is full of censorship. Reddit must be replaced.

 

[Algus]

good lord. Reddit needs a PR team bad.

 

[dannyyankou]

Just make a more fair deal. Apollo drives a lot of traffic to Reddit. It’s fair to ask them to pay a little, but it would also be fair to have some form of revenue sharing.

 

[NMBob]

What's stopping Reddit from banning the insurgent mods and reopening those subreddits?

That's kinda what I thought he meant with:

"...and in the short term we have a few upcoming critical mod tool launches we need to nail."

 

[CarAnalogy]

If anyone needed any further proof, here you go. I encourage everyone who ever submitted anything to reddit to delete all of it along with the account. It’s the only way they’ll learn, he said as much in the letter. If it impacts revenue, he’ll listen. There is literally no other metric he cares about.

 

[gpwdeux]

I don’t understand… 🤦🏻

How does the CEO of Reddit not realize how passionate his own user base is?

LMFAO because 90% of them have the attention spans of fruit flies. I am sure this will get me flamed but seriously?!? Here is 6 months from now; Reddit is doing just fine and YayAreaLiving who?🤷🏻‍♂️

 

[CarAnalogy]

What's stopping Reddit from banning the insurgent mods and reopening those subreddits?

Because ”reddit” didn’t open them in the first place. Reddit relies on users to generate and moderate the content. The moderators are complaining that Apollo was better for moderation than Reddit’s own tools, so this is his response to that.

Reddit is nothing without its users, and that’s exactly who Huffman just declared don’t matter.

 

[Kittenmittens]

While I dislike the guy for everything he’s doing with Reddit, he’s right. This is a speed bump in operations. In a few months, it will be as nothing has happened. If everyone saying that Reddit is going to close because of it turning into trash, then why is Facebook still rolling? Or twitter? How may times have these mega sites faced “backlash” over the years? These sites have had far too long to build mass and momentum to be stopped. I really, really want to believe these sites will burn themselves down, I really do, but I just don't think it's a reality. I would love to be wrong tho.


I miss the internet of 2000, I miss geocities!

 

[emmab2006]

How to Torpedo your own company.

 

[Love-hate 🍏 relationship]

Serious question: how do we know he's not lying when he says there's no drop of revenue ?

Be it him or anyone else actually

 

[GizmoDVD]

lol. You’ll all be back by Friday and will see a rash or “new accounts” come mid July.

 

[fhamadeh]

Talk about tone deaf. Also, he’s saying that “this will pass,” implying that Reddit users don’t really care while also warning against wearing Reddit merch in public for fear of violence. Which is it?

 

[The Game 161]

As expected they don’t care

 

[Love-hate 🍏 relationship]

"has not seen any significant revenue impact so far"

well last time I checked Steve, you weren't really making any revenue at all so……

Did he actually say that, or did we misunderstand ? I read he said something alone the lines of " we are a non profit organization"

 

[canadianreader]

I am sorry to say this, but please be mindful of wearing Reddit gear in public. Some folks are really upset, and we don't want you to be the object of their frustrations.

This is some next level victimization and gaslighting.

 

[GizmoDVD]

Serious question: how do we know he's not lying when he says there's no drop of revenue ?

Be it him or anyone else actually

Because armchair macrumor posters are always right and know better. I can’t believe Netflix is still in business!

 

[Love-hate 🍏 relationship]

Because armchair macrumor posters are always right and know better. I can’t believe Netflix is still in business!

You think Netflix lied too?

 

[paradox00]

What's stopping Reddit from banning the insurgent mods and reopening those subreddits?

Then they need new moderators, or paid Reddit staff have to do it. it's not easy to replace 20,000 people who work working for free.

 

[swingerofbirch]

Casually accusing dissatisfied users of being ready to use violence. Classy.

Also, I guess it depends on where you live (they're in Silicon Valley I guess), but if I saw someone wearing a Reddit shirt, I'd assume they liked Reddit, not that they worked for Reddit. And as you said, it wouldn't drive me into a blinding rage even if I did think they worked for Reddit.

 

[Rgeorge]

Deleted my Reddit account...

There's really only a few subreddits I spent time on. Macrumors forum fills one of those, the others I can figure out later.

 

[GizmoDVD]

As expected they don’t care

They saw zero revenue from Apollo subs and in fact lost some with the app not showing ads. What do you expect? They are a business, not a charity. Even if they see a 20% reduction in posters, they’ll still be more profitable with everyone using the official App.

 

[jimbobb24]

I literally don’t care at all about this except I care that I wanted to look up a Reddit topic and it was private. That made me sad but whether the apps win or the corporation - not my concern.