> Reddit is not profitable. Seems like entirely through bad management. The choices made, from mostly serving links and text to hosting image and video which b

> Reddit is not profitable. Seems like entirely through bad management. The choices made, from mostly serving links and text to hosting image and video which ballooned operating costs to expanding their workforce from 700 to 2000 while having no proyect worth putting that many people to work on. > Reddit finally finds a way to possibly become profitable Says who? Their API changes would not make them profitable. The changes, price and timeline show that the intent is to kill 3rd party ecosystem, not profitability. > scumbags focused on profit? Reddit is the only social media that has unpaid mods. Facebook pays people to keep conversation civil, reddit wants you to do that work for free while they release NFT profile pics. people are not angry at reddit for wanting to be profitable, people are angry because there have been 10 years of mismanagement, 0 mod support, aggresive anti user choices and the few tools that people use to make the website not want to pluck your eyes out being pulled under them with 0 recourse