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Reddit CEO tells employees that subreddit blackout “will pass” (www.theverge.com)

submitted 1 year ago by EthicalAI@beehaw.org to c/news@beehaw.org

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Dude this article gives me work PTSD. I hate working for CEOs and stupid fucking managers. Open source forever.

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[–] EthicalAI@beehaw.org 13 points 1 year ago (3 children)

Idk how this is possible either, almost every sub I subscribe to is black, why would that not impact rev?

[–] Shhalahr@beehaw.org 21 points 1 year ago

Two days isn't significant enough to register as a real change. Especially since I assume most advertisers have ongoing contracts based on longer periods.

If you want to see an actual revenue impact, the blackout has to go long enough that advertisers have time to start scaling back or even withdrawing from the platform.

[–] Dee@lemmy.world 9 points 1 year ago (1 children)

Well, considering the phone calls with the apollo dev, his trustworthiness is already shot. I would be very surprised if this didn't affect revenue seeing how there's thousands of people not buying awards now. That's not even getting into ad views.

[–] Hexarei@beehaw.org 2 points 1 year ago (1 children)

Due to his untrustworthy behavior, I can't say I'd be surprised if he leaked the memo himself, purposely including the deflection of revenue not being impacted or such.

Sounds a bit conspiracy theorist, but I would certainly be unsurprised.

[–] sdc@infosec.pub 2 points 1 year ago

Leaked? Ha! Let's call the memo what it is: a press release. A carefully crafted one full of deflections and to make VCs and future investors happy (no revenue impact!) while also allowing him to play the victim (you're in danger!)

[–] I_am_10_squirrels@beehaw.org 8 points 1 year ago* (last edited 1 year ago)

If everyone who's not using reddit was already using a 3P ad free app, it's possible they're saving money on bandwidth while still serving the same number of ads to the remainder who are still getting on