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Reddit's ideal scenario would involve its users migrating to other platforms while preserving its archived content. Its community was once thriving, but the mi
by brownfox 3y ago
Reddit's ideal scenario would involve its users migrating to other platforms while preserving its archived content.
Its community was once thriving, but the mismanagement ruined it.
Despite reportedly having thousands of employees, Reddit's excessive hiring and ambitious expansion led to wasteful spending.
A platform with basic features like Reddit could easily be maintained by a team of fewer than 100 staff members and generate revenue through Google Ads.
- deleted 3y ago[deleted]
- willis936 3y agoI am certain that is not the narrative reddit is selling to potential investors because that is a narrative that does not maximize profit.