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> “We’ll continue to be profit-driven until profits arrive,” Huffman wrote. “Unlike some of the [third-party] apps, we are not profitable.” I don't think Redd
by Apreche 3y ago
> “We’ll continue to be profit-driven until profits arrive,” Huffman wrote. “Unlike some of the [third-party] apps, we are not profitable.”
I don't think Reddit can be profitable. What business model is there that can work? Almost anything that generates revenue harms the user experience. Users will only tolerate so much. If they try to extract value with ads or paywalls, they lose the users.
If they please the users, how can they make money from that? The amount users are willing to pay is not enough.
I think the only way for it to carry on is without capitalism. They need to operate more like a Wikipedia or an archive.org. Put the profit motive aside and exist for and by the users.