Some subreddits could be paywalled, hints Reddit CEO
Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income.
He suggested that the company might experiment with paywalled subreddits as it looks to monetize new features. “I think the existing, altruistic, free version of Reddit will continue to exist and grow and thrive just the way it has,” Huffman said. “But now we will unlock the door for new use cases, new types of subreddits that can be built that may have exclusive content or private areas, things of that nature.”
This is another move likely to anger Redditors. While the platform is a commercial enterprise, its value derives almost entirely from freely offered user content. That means Redditors feel at least some sense of ownership in a community endeavour, so the company needs to tread carefully when it comes to monetization at user expense.
If I ever become the CEO of a multibillion dollar company, I'm going to say nothing at my first shareholder meeting.
Instead, I'm going to climb up on the boardroom table, remove my trousers and pants and drop a great big shit right there on the desk.
I will then say "That's what we're going to do to our users" and watch in awe as my salary and share price goes through the roof.
Hire me
Congratulations. Your new position is.....
Boardroom Table.
Sweet, that means I get a dildo and a gun.God damnit, I read that as bedroom table. Well depending on how the company's being run, it might not change.