Not really, I'm surprised they haven't done it already. You can't get the staff these days...It's gonna be actual comedy if you catch a ban for that attempt at humour.
Not really, I'm surprised they haven't done it already. You can't get the staff these days...It's gonna be actual comedy if you catch a ban for that attempt at humour.
And what timing on the delivery too.Not really, I'm surprised they haven't done it already. You can't get the staff these days...
Are you seriously comparing volunteer mod work to Uyghur oppression?Moderators working for free, while the admin fills his boots.
Our gaming forum is linked to slave labour, concentration camps and genocide. Here's what to do about it.
I PM'd an admin and got it changed.
Reddit is a bit more complicated because anyone can make a subreddit and make themselves a mod. And even if that subreddit gets big that still wasn't like.. a 'hiring' of a mod at any point, it was just this person using reddit to create a community and then that subreddit getting popular.
If reddit started paying mods it would probably have a pretty adverse effect on community creation and the current freedom subreddit communities have to ban whoever they want for whatever rules that subreddit chooses to have.
You always could, just needed to send in a ticket.
volvo pls
Well from my perspective. Reddit knows exactly how many page views each subreddit gets.
They could have implemented some measure of revenue sharing.
Of course it would have changed the dynamics of subreddits but at the same time reddit has been home for plenty of horrible groups anyway.
I did not expect to see some users and mods (and ex-mods) get defensive over people saying that mods should be paid. Very strange to call people 'hypocrites' for saying moderators should be compensated even though they…aren't nice enough to them I guess? It is possible to simultaneously believe that the moderation staff has done a poor job with this community but that they also deserve to be compensated considering their volunteer work helped a man cash out $4.5MM from a video game forum.
Bizarre. This "actually, it's the users who are in the wrong and they should go away if they have an issue" attitude is exactly what has created so much drama in the past and pushed several communities away. It creates an Us VS Them where the mods are valiantly holding the line against a horde of unappreciative and disruptive users. It's not a recipe for a successful community.
Some of the posts in this thread admonishing "hypocritical users" are so bizarre. You can really feel how much disdain these posters have for the community at large. I have no idea why you would devote so much time and energy to a community where you don't even like the people who are a part of it.
You can say that about any corporation that makes money. If it wasn't for the customers, the corporations wouldn't be taking it in and the CEO would have no big fat pay check.Quick!, lets make another forum were we agree to all get paid when someone wants to buy our user activity.
Shit, if it weren't for us, news site would have 80% less content and user traffic.
This guy already got paid and ran for it. Us members are the true value of this site.
Like, the complete sociopath in me would be making a thread like, "I just bought a boat era and I am scared".
Would you start scrubbing your shins though?Like, the complete sociopath in me would be making a thread like, "I just bought a boat era and I am scared".
Heh. Kinda funny, huh? We've seen threads were the OP says something really embarrassing then runs away from the comment section. Cerium? He was barely here to begin with. Dropped a bomb of a OP. Disappeared with 4.5 million in thin air. People got tons of questions and concerns. Where is he? Nowhere to be seen.
Like, the complete sociopath in me would be making a thread like, "I just bought a boat era and I am scared".
This is one thing I've never really understood. I help moderate a gaming forum. I literally have no desire to have any sort of celebrity status or "power." I do want to help the community as a whole, but I'm not going to equate being a moderator for a forum with having some sort of ineffable power.Thing is.. people want to volunteer.. the bigger the forum, the more volunteers you need.. but.. then the "modship" is seen as even more desirable.
This is one thing I've never really understood. I help moderate a gaming forum. I literally have no desire to have any sort of celebrity status or "power." I do want to help the community as a whole, but I'm not going to equate being a moderator for a forum with having some sort of ineffable power.
Era (posters and moderation) have a really hard time with comparisons of kind relationships vs magnitude relationships. Like do they not cover similes, metaphors, and analogies in 4th grade anymore?
He was up late finalizing a lot of this. He, like many people I'm told, require sleep from time to timeHeh. Kinda funny, huh? We've seen threads were the OP says something really embarrassing then runs away from the comment section. Cerium? He was barely here to begin with. Dropped a bomb of a OP. Disappeared with 4.5 million in thin air. People got tons of questions and concerns. Where is he? Nowhere to be seen.
So based on these numbers, it would take them 8 years to recoup their investment of 4.5 million at 560K profit if they just left things alone.Well, we know a few things:
-Majority control sale
-4.5M valuation
-Paid in cash
-6.5x revenue multiple
-80% EBITDA margin
Now, the cash part is normal, but the other components are a little unusual put together. To begin with, this valuation is *extremely* small, among the smallest I've ever seen get announced. It's penny change. It's virtually nothing, and confirms what I had guessed when no one else I know in the gaming corporate finance world had heard of Era. The fact that they settled for that vs trying to raise, say, a seed round (4.5M would be a high-ish pre-seed valuation in this market, which would be a very easy raise normally with those operating metrics), which would have still retained control, is pretty eyebrow raising.
It gets moreso when you consider a)the meh/lower end revenue multiple alongside the b)high EBITDA margin. Now, normally, that's a pretty good EBITDA margin. In fact, having EBITDA at all for a company this small is a little unusual. So why then the low-ish multiple? Why the majority sale and control loss?
My guess is *heavily* stagnant growth prospects, an owner who just wants to cash out ASAP, or, more likely, both. It is, in my professional opinion as a tech/media M&A banker who does some venture work on the side, pretty silly.
Cool—I actually sent you a message before seeing this one.
I know how this goes. Can we just skip to the end where we realize I am right? Arguing online is taking a lot out of me lately and I'd just like to skip to the part where people begrudgingly accept defeat.
I'm down for crab friend, I'll bring the lemons.I know how this goes. Can we just skip to the end where we realize I am right? Arguing online is taking a lot out of me lately and I'd just like to skip to the part where people begrudgingly accept defeat.
Or we all just go out on my boat until cerium takes us out on his bigger boat. Can catch crab. Everyone loves crab.
If mods had been paid a share of the buyout people would be outraged that they're getting any money at all […]
Surprised there was no way to make this a co-op with the "managers" and mods.
If my back
So based on these numbers, it would take them 8 years to recoup their investment of 4.5 million at 560K profit if they just left things alone.
Yeah, they're going to make some changes I bet.
Awesome.
He was barely here, man. BARELY. I can think of many situations where drama hit the site and we needed a leader to step in. HE should've been the guy to lead since he ran the damn site. He has roughly the same post count of a person who LURKS. I'm not saying he needed to be here 24/7 but dammit. If you own the damn thing then at least be around on a consistent basis. You know what he seems like to me? A ghost who just became a millionaire. The boogeyman just got rich. I'm salty about the whole thing and it's not about the money.He was up late finalizing a lot of this. He, like many people I'm told, require sleep from time to time
for the sake of transparency they should pin this thread on Gaming and Etcetera...
It would be an absolute logistical nightmare to do that. Especially considering how frequently the mod lineup changes.
Call me in!Awesome.
Everyone we are going crabbing. Anyone else interested?
I got Corona (not the virus) too.
This is one thing I've never really understood. I help moderate a gaming forum. I literally have no desire to have any sort of celebrity status or "power." I do want to help the community as a whole, but I'm not going to equate being a moderator for a forum with having some sort of ineffable power.
Well I just said more "desirable"; what that person desires is subjective. It might be more fulfilling to help a large community for instance.This is one thing I've never really understood. I help moderate a gaming forum. I literally have no desire to have any sort of celebrity status or "power." I do want to help the community as a whole, but I'm not going to equate being a moderator for a forum with having some sort of ineffable power.