Fuck spez
I mean, credit where it’s due. If not for him, I’d probably be browsing Reddit right now instead of Lemmy. So, there’s that.
It just got so bad. I can’t imagine how terrible it is now. I would love to see post pandemic stats.
I still surf both. Unpopular, I know, but Lemmy does not yet have the super niche communities that barely exist on reddit.
Imo, it’s about the same. Some subs have gotten worse, some have gotten better, but that’s how it’s always been.
I do Google search for specific beer questions.
Example: Reddit+Syracuse NY+best breweries
That’ll give me good info without having to get on Reddit.
Every once in a while I pop in just to see the homepage. The content isn’t super great anymore. Honestly, the best stuff on Reddit are all the old threads about things.
Also, there are some small interest communities that’s just don’t have a good presence on Lemmy right now. It enough people here. For example, the community for my city, which is a major US metro, has like 3 active people here.
The default front page subs are the same brainrot they’ve always been, and the niche early 2000s anime subs are still as great as they’ve always been
That depends, how much is he paying me to do so?
ew
Eh, for 190 million USD, I’d do it.
I’d do it for 200k, and not a penny less
Well if you need the money that badly, then I won’t stop you.
I genuinely don’t understand how we, as a society, reached a point where delusional businessmen like this exist. What can he possible do, to justify earning this much money, while his company is literally failing in real time
Unfettered capitalism.
Time to tax the corporations and the wealthy for their fair share again.
Want to solve almost all our problems? Redistribute wealth from the 1% who spend it on yachts to the rest of us to spend on healthcare, wages, etc.
Small business owner making 6 figures a year? I am not talking about you.
Spez, making 9 figures? That is who I am talking about and where the problem lies.
End stage capitalism. The snake is eating its tail.
Entitlement. He got better because he comes from a well to do family and all the privileges that brings. He believes he deserves it, plain and simple.
The reality of his compensation package is a lot more nuanced. The 9 figure number is eye popping, but he’s being paid less than $2 million over 2023-2024, and almost all of the rest is contingent upon a successful IPO and then reaching a set of (incredibly unrealistic) stock valuation benchmarks. Reddit’s stock has to hit something like $45/share for him to see 8 figures and $90/share for him to realize the full amount.
I’m in no way defending this pay package or his shitty behavior, just pointing out that he’s not just getting handed $200 million outright
but he’s being paid less than $2 million over 2023-2024
Read that again. Someone making federal minimum wage would have to work 8 hours a day 5 days a week with no sick days and still wouldn’t make that much in like 130 years, which is well beyond even a generous human lifespan let alone the usable years of a lifespan.
That federal minimum wage is grossly below what is needed just to survive is a different argument, except that it’s people like Steve that are responsible for the disparity between income and subsistence level.
I read it when I wrote it, I’m comparing $2M to $200M here, not to minimum wage, and not defending anyone
That’s the problem though, you’re comparing two ridiculous numbers for one person to make in a year and trying to convince us that one is less bad for some reason. Their both psychotic. And yes, you are in fact defending it as evidenced by you replying to defend it. Come on, man.
The CEO of the company I work at proudly tells us that his compensation is mostly stock, so if we’re not doing well as a company, he will not get paid.
He thinks this will sound like he’s got skin in the game and is making some kind of sacrifice.
What it actually tells me is that he is aligned to shareholders, not customers or staff. And that he cares about the stock price, which is not at all the same things as whether we are doing well as a company.
Ehhhhh
Stock price is absolutely tied to the perceived performance and anticipated future performance of the company.
The problem is that most departments of a company are profit centers and therefore there is a huge incentive to squeeze the most return (product features, sales, etc) from that investment (your salary). They will abuse you just hard enough so you don’t quit. Or they will abuse you endlessly because the churn is factored into it.
The company doing well is only loosely tied to morale. Yes happier employees probably perform better but it’s not the best return on the investment.
You’re right that stock price is something.
Companies serve three groups:
- customers
- staff
- shareholders
Stock price measures #3. And one out of three is a pretty shitty overall score.
Before someone tells me that shareholders are everything, and that this is capitalism, I understand your point but if any of 1, 2, or 3 stop participating, the company stops functioning. All three must be served. You just waved aside staff as a bag of feelings, but they literally do everything at the company.
Companies don’t serve staff. Staff is a necessary evil to them.
Yeah yeah. You’re saying that corporate leaders don’t care about people, and we all know that. But the company has to offer staff something to come in and work, right? They get paid right? I’m not saying everyone needs to get desk massages and blow jobs. But there has to be something in it for the staff or there is no company. It sucks to work somewhere that the staff get bare minimum. But the best companies in the world offer a lot more than that, because talent is worth it.
You gotta be dumb as fuck to work for free at a profit company
The mods are working ‘for their community’. It’s just that that’s happening on a profit companys platform.
The best thing about his deeply fuckheaded comments is that it’s a perfect example of the sick way the ultra wealthy operate, presented in a way reddit users can absolutely understand.
The act of building early reddit was a group effort. I have no idea how much Spez contributed to the concept, but he did code it – a task that realistically millions of people also would have been able to do.
But a platform without users is nothing. It was the users creating content that truly built reddit and the unpaid moderators who stopped it collapsing under the weight of spam and extremism.
While that was happening, spez shit the bed over and over again. He sold out too early. He openly advocated platforming extremists. He got called out for the bigotry he tolerated in his company. He alienated his most important users so he could sell their content to AI companies.
And now here we are. He makes an absurd amount of money, despite being shit at his job, despite being a clearly bad person and despite his accomplishments being ordinary. Meanwhile, the people he needs, who are critical to his business, are paid nothing.
This is the same setup as Amazon, Walmart, Uber and a million other businesses, distilled down to its very essence.
Billionaires don’t earn their money. Nobody can earn that much because nobody is that valuable. The ultra wealthy only exist, because they stole from the people below them on the ladder. They stole their wages, benefits, pensions, unions, and pocketed the money. If you’re ultra rich, you did it by fucking over the people below you.
And it’s time we fuck them right back.
If we could, we would have already. We can’t really, and he is in a position to be as greedy as he can possibly imagine. $193M is in his pocket right? We all mad but who is gonna take it away? Appeals to decency are cute but a waste of time. He put himself in a position where he can sell things that he didn’t make nor that belong to him and it’s all legal and that’s reality.
Of course we could. We just don’t think it’s worth it because we’re not starving to death at large. We’re in the comfort zone still where it’s better to sit down and be mostly obedient.
oh god the 2nd graders are readin marx agin
Capitalism – in it’s current form, a system where some exploit others in order to make profit.
I think you mean where rich people rigging the system exploit people who have to follow the rules.
That’s also what I meant by capitalism “in it’s current form”. Yes. ^^
Don’t worry, friends. As a mod of Ten Forward, Star Trek and Lemmy Shitpost, I would never expect a salary.
I do accept bribes.
How are mods landed gentry? I spent my time as a Reddit mod with Nazis trying to dox me and threaten me, before Reddit banned me for making fun of Nazis.
This is the norm for any big business. The top dogs will be wildly paid even if the company is struggling. They’ll get a big fat payday even if they get kicked out (golden parachute). Hell, even the bosses in the NYC Public Library system are pulling in close to a million bucks a year even as they talk about cutting services.
The NYC Library is a huge organization. They deserve that money.
Blame Mayor Adams for the budget. He paid millions for new radios for his police buddies. The old ones work fine, also… radios? That’s top priority?
FYI Spez is a pedophile piss-boy.
What’s the origin of the pedo accusation?
Edit: Is pedophile on the list of words we’re gonna make meaningless now?
Pedophile, Racist, Nazi, Fascist, The list grows daily
In 2017, there were 74,260 moderators of active subreddits on the site.. We can only assume that number has gone up over time.
If they were to pay each of those moderators $50 a week, or $2600 a year (which is probably generous for the kind of work they’ve already been doing for free), it would almost exactly match the amount of Spez’s pay package ($193 mil). And they actually keep the site RUNNING. Spez is literally just a leech.
He feels entitled to their labor for free, simply because he thinks he deserves free labor.
I mean…they fucking volunteered for a free position and could leave at any moment. I hate reddit and I hate this dude but I don’t get why ‘why aren’t you paying the mods’ keeps coming up.
They went out of their way to take a position that they knew they would never be paid for lol
Agreed. The mods get the status and power they want. Spez is going to get a shit ton of money.
I wouldn’t do it but I have a life outside, many of them don’t.
I was a founding member of glitch in the matrix. stayed for a few years before giving up because yeah…shit sucks and I don’t have the right power boner genes to want to stay at some shit like that but…never in a million years did it cross my mind that I should be getting paid for this shit I went out of my way to do for free lol
If it was a paid position, most the mods would be gone since that couldn’t do as they pleased. The company would be libel for their behavior.
LOL that too. I was banned from…some big rage sub I can’t remember…not actually /r/rage when a mod removed a post about a girl who killed live animals on youtube because she might get ‘harassed’ when the sub was full of shit like that. it was so obvious he did it because she was hot.
There was an entire new post about that drama and I called him a simp. He banned me and called me a pussy ass bitch before muting me so I couldn’t respond.
simp.
Imagine a company running like that. lol That is why I think their IPO will fail quickly. It is just a cesspool of bots, weirdos and very little productive anything.
I never really used reddit much. I always found it to be idiotic extreme on both sides of the table. I am fairly moderate with a few hot-button issues, but I would have a beer with about anyone except Reddit mods.
Yeah. You’d have to be an idiot to work for that guy for free at this point, unfortunately.
If only there were an alternative platform to Reddit that we could use instead.
Lemmy has no users and the content is shitty memes and lame cartoon panels. It’s got no niche communities, which is what made Reddit good.
I was early to Reddit. I think my account was created around 2007. I can assure you that it was similar to Lemmy now. Building a community takes time.
It took a really long time for Reddit to reach a point to where it was decent and attracting new communities. I am hoping all the niche little places move over to Lemmy, or at least off Reddit.
If there is a niche community you miss, you could start it over here. I have no idea how to go about doing it, but it might be worth it for you. Start making this the better place.
The comic book strips on Lemmy seem to be depressing.
Possibly because many users coming to Lemmy are pissed off by something. It’s not a platform for fun users, but for grumpy old cats wanting their unachievable utopian discussion forum, where all behave the same as they do. ;)
Criticise lemmy and prepare for downvotes deluxe.
Perhaps instead of pissing and moaning you could actually post something in a community here to start the process of growing new forums.
The mods who stayed after the API desaster are lost.
That seems a little reductive. I’ve never moderated anything, but I bet if I spent years building up a community I would also find it hard to just walk away.
You don’t have to walk away, you can migrate. This is more an issue of building your house on the king’s land. The mods that stayed should serve as a warning to the rest of us that building a Reddit community means that Reddit owns the community you created, and that as a moderator Reddit owns you.
You don’t have to walk away, you can migrate.
We tried that with Lemmy and many great communities only have one or two people posting consistently.
Most people don’t care about behind the scenes
It depends, if mods were fully onboard and had a plan it definitely works. Just look at Piracy or Star Trek communities.
I just checked the Star Trek community on reddit and it’s still up with 753k members and 189 online. The Lemmy versions I can find are a fraction of that.
The idea of Lemmy is great but let’s not fool ourselves into thinking big communities actually migrated.
Depends on what your standard is, to me a community on here having 100+ daily users is already a huge success. I don’t think people expect the whole subreddit to migrate, just enough to have roughly the same amount of content/interaction.
Then its not a migration, which is what we’re talking about.
If you’re happy leaving a group of thousands, tens of thousands, hundreds of thousands in some communities for a group of 100 that’s cool, but don’t spin it as a successful migration.
The rest of the world didn’t even realize we left.
Anyone who’s ever tried to get a friend group to change chat apps knows this isn’t simple.
I imagine doing it with a few thousand people is even more difficult.
I modded r/beholdthemasterrace, which was specifically for making fun of literal Nazi inbreds.
Oh, gotcha, so you were legit dealing with degen Nazi wannabes. Apologies for doubting you, I shouldn’t have made assumptions.
More power to ya, cheers
Very notorious Nazis threatened me several times…they hate their picture on Reddit lol.
When you say “their picture”, you mean to say they just don’t like how they are represented on the platform, right? Or do you mean an actual picture of their face? If the latter is the case, then it sounds objectively like y’all were the ones that set the precedent for doxxing. And you should have known they’d be stupid enough to stoop to any challenger’s given level and then some. Just saying.
Controversial take, I don’t think mods need to be paid. You don’t have to be a mod, you’re actively choosing to be a moderator. If you aren’t getting paid for your work and dislike that, then don’t do it. There’s always going to be someone willing to do it for free, like a hobby.
I also agree. But for a for-profit company like Reddit, there should be a threshold for certain subreddits that require mods to be paid.
That is, for a major/popular subreddit like pics the mods should be paid by Reddit.
For a minor subreddit like r/hotgirls whowanttohavesexwithgcanuck the mods can be unpaid.
