Reddit reminds me of the fast-growing, but highly unprofitable IPOs in 2021.
  • whotookkarl@lemmy.worldEnglish
    0·
    1 year ago

    What could have been done to increase the valuation higher and maintain goodwill with the community:

    1. Cut CEO pay by 90%
    2. Pay mods as employees, think of the GM/guide structure of early mmos where you start as a volunteer for a free sub but can work your way up
    3. Subscriptions to remove ads
    4. Push ads in API for third party apps to host your ads, remove for subscribed users
    5. Profit sharing from ads and subs with top content creators