The hard part is their business model assumes free moderation. Adding labor in any form will change the valuation because it’s based on future revenue. Now they have a lot of ‘splainin’ for investors and no one knows what the company is worth. If they have to pay for moderation it’s an entirely different business so I don’t see them suddenly cutting checks for the good mods who remained.

Looks like they underestimated the way the backlash would manifest and now have to hold their nose and wait for the subs to re-build momentum naturally.

But everyone knows not to execute your own leadership because who is going to run the day to day ops? It’ll take years just to get back to where they were in terms of quality and quantity because they nuked some of the most experienced and engaged redditors. More of a Pyrrhic victory, I’d say.