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In spez's AMA, he mentioned reddit was not profitable. I don't see an advantage for the CEO to say that publicly and it not be true.
by ScoutOrgo 3y ago
In spez's AMA, he mentioned reddit was not profitable. I don't see an advantage for the CEO to say that publicly and it not be true.
- pcthrowaway 3y agoThere are many ways of determining profitability (see https://en.wikipedia.org/wiki/Hollywood_accounting https://en.wikipedia.org/wiki/Hollywood_accounting) The CEO absolutely has an incentive to make it seem like this is the case, so they can use it to justify more user-hostile changes in the name of profits
- lotsoweiners 3y agoI certainly don’t see an advantage in believing anything that any CEO says publicly.