Hi Snoos,
Starting last night, about a thousand subreddits have gone private. We do anticipate many of them will come back by Wednesday, as many have said as much. While we knew this was coming, it is a challenge nevertheless and we have our work cut out for us. A number of Snoos have been working around the clock, adapting to infrastructure strains, engaging with communities, and responding to the myriad of issues related to this blackout. Thank you, team.
We have not seen any significant revenue impact so far and we will continue to monitor.
There’s a lot of noise with this one. Among the noisiest we’ve seen. Please know that our teams are on it, and like all blowups on Reddit, this one will pass as well. The most important things we can do right now are stay focused, adapt to challenges, and keep moving forward. We absolutely must ship what we said we would. The only long term solution is improving our product, and in the short term we have a few upcoming critical mod tool launches we need to nail.
While the two biggest third-party apps, Apollo and RIF, along with a couple others, have said they plan to shut down at the end of the month, we are still in conversation with some of the others. And as I mentioned in my post last week, we will exempt accessibility-focused apps and so far have agreements with RedReader and Dystopia.
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.
Again, we’ll get through it. Thank you to all of you for helping us do so.
“we have not seen any significant revenue impact so far” - coming from a guy who is known to edit users comments about him to make criticism disappear and just days ago was caught lying to people about the Apollo dev . And when Spez got called out for it, he wasn’t even man enough to apologize. If this lying weasel says the sun is shining, I take my umbrella out.
Yeah lots of people apparently haven’t been in a tech company with the CEO saying ‘everything’s fine’ only to get hit with layoffs shortly either, even if his word was worth more than the square root of fuck-all which we know it’s not he’d be obliged to lie if ad revenue was through the floor.
Also he’s blundered pretty badly but he’s a narcissist not a moron, that memo was inevitably going to leak and it’s classic strikebreaking tactics to go over the heads of the ‘union reps’ and try to get the ‘workers’ (not sure what the terminology is when nobody’s actually a paid employee) to fight among each other.
It’s only two days, and their revenue mostly come from ads that most likely paid based on contract. So I also don’t think it will affect their revenue