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> They are in the business of making money. Sounds like they're pretty bad at it, then. 4 days ago, their CEO claimed that Reddit is not profitable. https://
by favorited 3y ago
> They are in the business of making money.
Sounds like they're pretty bad at it, then. 4 days ago, their CEO claimed that Reddit is not profitable.
https://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/jnkd09c/ https://www.reddit.com/r/reddit/comments/145bram/addressing_...
- Atotalnoob 3y agoCause he 10x'd their headcount. If he kept headcount low like craigslist, wikipedia, etc. They would probably be profitable
- ink_13 3y agoMinorly profitable, though, not "giant IPO" profitable. Reddit has investors who clearly want their money back with a nice return on top.