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This is a contender for worst answer: https://old.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/jnkd09c/ https://old.re
by mostlysimilar 3y ago
This is a contender for worst answer: https://old.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/jnkd09c/ https://old.reddit.com/r/reddit/comments/145bram/addressing_...
> We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable.
- pimlottc 3y agoWhat are the "3P apps"?
- SSLy 3y agoat least it's not a in your face lie, gotta hand it to him.
- BoxOfRain 3y agoThough perhaps an unwise comment to make while preparing for an IPO. Feels like a bit of a 'Ratner moment' if you ask me.
- IanCal 3y agoTbh I think that's a good answer. As someone about to delete their account after archiving their data, I'm fine with that. They need to be profitable. If they can't break even Reddit will absolutely disappear. The problem is that they're fucking it all up.
- out-of-ideas 3y agoI disagree; nobody "Needs to be profitable". Companies especially; many break even or depending on the time the average is breaking even or barely profitable. The fact that there are huge corporations overworking employees, and have record breaking profit margins over the last few years, with hours cut to employees is what I shake my fist at. but we are all sheep so the trend will continue. Profitable is subjective and really boils down to who is getting screwed.
- jtriangle 3y agoThe problem arises when you consider the context in which "we're not profitable" comes from, and if that statement can be trusted in that context. I don't personally think it can, and because there's zero proof available, all we have to go off of is the overall trustworthiness of the speaker, and the context to which they are speaking, ie, they're proven to be untrustworthy and they're in a situation where they need to save face.