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You do realise that TWO THOUSAND YEARS worth of server time just from six (of about 138,000 active subreddits) pays for more than just a handful of employees?
by techrat 5y ago
You do realise that TWO THOUSAND YEARS worth of server time just from six (of about 138,000 active subreddits) pays for more than just a handful of employees?
And this is before ad sales.
Hell, when it comes to ad sales...
They hit > $100 mil this QUARTER.
https://redditblog.com/2021/08/12/reddit-secures-funding-to-continue-growth-plans/ https://redditblog.com/2021/08/12/reddit-secures-funding-to-...
Reddit is a 9 figure company. Soon to be 11 figures.
> We will raise up to $700 million in Series F funding, led by Fidelity Management and Research Company LLC. and including other existing investors, at a post-money valuation of over $10 billion.
They're not hurting.