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I mean, they tried ... Ads, premium memberships, microtransactions ... If you have an idea how to monetize a reddit clone ... go for it.

• skeaker 3y ago
  This is the part I don't get. Those things worked. They were successful and making millions. Why get greedy like this? I'll never understand it.
  • mynameisvlad 3y ago
    IPOs are a helluva drug.
• IshKebab 3y ago
  They could easily turn a profit. Just: 1. Bring back old.reddit.com. 2. Make the app less insanely shit and annoying. (Didn't they buy a better app just to kill it at some point?) 3. Require third party apps to show ads. 4. Fire half the employees. No way you need 400. Easy peasy.
  • TofuEnthusiast 3y ago
    Yes, Reddit bought a third party app only to run it into the ground. In fact, the current Reddit icon was originally from that third party app.
  • johnnyanmac 3y ago
    1,2) don't turn a profit, especially if most users are indeed not using new reddit. It's probably better to let users customize new reddit and figure out a different stylesheet. Some 3rd party apps do this. 3) I'm guessing this isn't easy to do because there's still some division of ad revenue between the creator, the ad provider (usually google/apple in this case), and Reddit.And if you require ads and all ad revenue to go to reddit... well, there goes any incentive for others to make apps. 3rd party devs aren't charity cases either. 4) that is good for showing a profitable quarter, not good for generating actual revenue.