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With ~400 employees [1] and ~$100m in ad revenue [2], that's only about $250,000 / employee (seems like a lot, but take out unemployment taxes, health care cont
by Jupe 7y ago
With ~400 employees [1] and ~$100m in ad revenue [2], that's only about $250,000 / employee (seems like a lot, but take out unemployment taxes, health care contribution, corporate taxes, etc.). And then there's infrastructure, which I'm sure is relatively high given ~500m users per month.
I'm sure there is MUCH more revenue to be extracted from an app (with access to so much on-device data)
I guess, if the information on their site is truly worthy, then I'd buck for the Reddit Gold (Premium) [3]. Does anyone know if that works on the web, or you need the app?
[1] https://en.wikipedia.org/wiki/Reddit https://en.wikipedia.org/wiki/Reddit
[2] https://www.emarketer.com/content/reddit-to-cross-100-million-in-ad-revenues-in-2019 https://www.emarketer.com/content/reddit-to-cross-100-millio...
[3] https://www.reddit.com/premium https://www.reddit.com/premium
- judge2020 7y agoI don't see device data being worth anything unless you mean being able to serve ads based on that data, or at most being able to sell location data [again, for ad purposes].