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I think they are generating revenue, just not enough for Conde Nast to increase their budget. This seems like a way for them to get extra money that they can p
by fossuser 16y ago
I think they are generating revenue, just not enough for Conde Nast to increase their budget. This seems like a way for them to get extra money that they can personally use toward the site.
- axod 16y agoIt seems likely they aren't actually making a profit yet. 4 engineers, servers, etc seem like they could be costing way more than a few ads bring in.
- blhack 16y agoDoesn't digg have something like 40 full time employees?
- axod 16y agoI thought it was even more than that at one point. But I think Digg went the "perpetual investment" route as a business model didn't they?
- Super_Jambo 16y agoDefinitely seen an article stating Digg had 70 employees.
- sethg 16y ago...unless, of course, the Conde Nast “mother ship” sees the income figures from the reddit subscribers and says “Nice revenue stream. We’ll take it!”