Which is why /u/jailbaitlover I mean /u/spez is sending the message that they would gladly give total power to whatever mod crosses the picket line so they can boot the rest.

If Reddit had to replace all these mods it would be complete chaos and is not much better than the blackout. They will see the same exact problems Twitter has seen since they fired most of their content moderators.

    • Joe@kbin.social
      5·
      2 years ago

      Pretty sure spez is making a ton of money at this point. He’s been working on Reddit for like 15 years and ,while I’m sure he’s managed to earn a nice paycheck for some of those years, he’s finally in reach of a big payout

      I expect he will (because I’d do the same) sell his shares ASAP and disappear from public life

      • Nougat@kbin.social
        4·
        2 years ago

        Executive compensation is often largely in company stock. There’s your incentive to stick around and fuck everyone in their peeholes for increased shareholder value your own personal benefit.

    • PoopingCough@kbin.social
      2·
      2 years ago

      Insiders typically don’t lose money even if a company tanks after ipo. The ipo is a set price and it’s pretty common for insiders/other shareholders to dump their bags at that price while people biying at the ipo get fucked.