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Because I'm not so sure that it's true. Reddit isn't massively profitable but it also doesn't have to lose a ton of money. IIRC they were able to run a much tig
by xmprt 3y ago
Because I'm not so sure that it's true. Reddit isn't massively profitable but it also doesn't have to lose a ton of money. IIRC they were able to run a much tighter ship and operate off of just Reddit Gold and ads for at least a decade before they started this recent hypergrowth phase
- hospitalJail 3y agoI wonder how much of costs went up due to hosting their own images and videos. A text website is easy to run.
- fkyoureadthedoc 3y agoThey probably spent more money on staffing rewriting into a shitty React SPA and then trying to address its dire performance.
- paradox460 3y ago13 years ago, when I worked part time for them, it was about 5 people, with support being provided by Condé Nast peeps. This was right during the middle of the Digg v4 exodus to reddit. I remember when reddit got its billionth pageview month