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They already were keeping up with hosting costs at least with the old Reddit gold donations. Also profits pay for non of the things you listed, profits pay for
by voxic11 7y ago
They already were keeping up with hosting costs at least with the old Reddit gold donations.
Also profits pay for non of the things you listed, profits pay for investors.
- jermaustin1 7y agoProfits pay for owners (not just investors). If my company made $0 profit I’d be better off working at McDonald’s.
- xemoka 7y agoSure, if your only goal is dollars and cents. People should have more, and better, goals than /just/ money. This obsession with only turning a buck is why we can’t have nice things that last.
- jermaustin1 7y agoLet me rephrase it then, if my company made $0 profit, I would be unable to afford my mortgage/bills/insurance, and would have to get a job, taking me away from my company.
- alunchbox 7y agoThat's not entirely true? I mean unless you're not paying yourself then absolutely I agree with you. But we're making it sound like these companies "reddit" back in the day wasn't turning a profit to pay for the mortgage/bills/insurance or hosting. They were it just wasn't to the extent were investors and the owners could buy private jets and mansions. Not sure if that's a bad thing or a good thing but I do believe they were living well off.