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How much is Reddit making from Reddit gold?
- solveforall 11y agoSo basically enough to pay 3-4 fully loaded developers in SF. Also it's interesting the 7.75% decrease in Gold after in Aug 2015, after the Victoria Taylor firing. Given the absence of a clear uptrend in the last few months, I think it's fair to say Reddit Gold hasn't succeeded yet. Kudos for the transparency though.
- gnur 11y agoI guess their servers need to be payed as well..
- prodmerc 11y agoPaid by advertisements and sponsored posts, I believe...
- kybernetyk 11y ago>Also it's interesting the 7.75% decrease in Gold after in Aug 2015, I'm from Europe. Earlier when the USD was weaker vs the EUR I was more liberal with buying Gold. But since the Dollar got stronger I have bought maybe 2 Golds. I don't really care for that Reddit drama with Ellen Pao and Victoria Taylor, etc.
- joshstrange 11y ago> Kudos for the transparency though. This isn't reddit releasing numbers, this is someone scraping reddit and estimating the numbers based on gifted gold. Notice at the bottom of the page: > These numbers only include gifted gold, and don't take into account transaction fees etc
- solveforall 11y agoAh, sorry didn't realize that. Thanks for pointing that out.
- nhebb 11y agoThere must be a bug in the tabulation, because the data I'm seeing is: $5,740,989,156 last 24 hrs ($239207881.50 / hr) $67,463 last month ($93.70 / hr) $2,506 last week ($14.91 / hr) Either that, or someone bought an awful lot of reddit gold in the last 24 hours.
- 4mnt 11y agoIt seems it is fixed now,. $2,506 last 24 hrs ($104.41 / hr) Seems somewhat more reasonable
- popeshoe 11y ago5 billion dollars a day is not too shabby for a business model that consists of rewarding people for heartfelt advice, sad stories, and puns edit: booo
- tapirl 11y agoWho know how much does Reddit help Imgur make money?
- x5n1 11y ago67000 a month. Wow. Small
- prodmerc 11y agoYeah, for one of the largest communities online, it's a small income. But, they have advertising and sponsored submissions, and I do believe they make more money from that. Gold is practically user donations as far as I see it, it doesn't provide much benefit to most users...
- joshstrange 11y agoThere are benefits it provides: https://www.reddit.com/gold/about/ https://www.reddit.com/gold/about/ but most can be replicated with plugins * Turn off ads * Reddit themes * Create a custom reddit alien avatar * New comment highlighting * Ad free, early access to the Upvoted podcast * Remember what links you've visited across computers
- qopp 11y agoThe yearly numbers are more impressive/important: 2013 $235,254.39 2014 $778,528.80 2015 $870,000.00 (est.)
- mckee1 11y agoThose numbers would be impressive for a good restaurant, not a site 10's of millions of MAU.
- deleted 11y ago[deleted]
- _pmf_ 11y agoWhat's baffling is that Reddit is not considered a better business model than the zombie that is Twitter.
- bluesign 11y ago"These numbers only include gifted gold"