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1) Every social network sells ads Yes, but all other social networks are GOOD at it and make a fuck ton of money. That’s the issue. Reddit has had plenty of ch
by FeetYeet 3y ago
1) Every social network sells ads
Yes, but all other social networks are GOOD at it and make a fuck ton of money. That’s the issue. Reddit has had plenty of chances to turn profitable, but they can’t seem to figure it out. Now they’ve run down the checklist and apparently “kill 3rd party apps” is their newest brilliant idea to make money.
- mitchell209 3y agoWasn’t Twitter the most popular social media site on the planet and still losing money?
- joshuaissac 3y ago> Twitter the most popular social media site on the planet Twitter is not even in the top ten most popular social media networks. https://www.statista.com/statistics/272014/global-social-networks-ranked-by-number-of-users/ https://www.statista.com/statistics/272014/global-social-net...
- mitchell209 3y agoHonestly I thought I was only exaggerating a bit.. I thought it was top 3. Crazy how far off it is from the top half. Not to say that’s any excuse for them failing to turn a profit for so long but damn I thought they had more users they could shovel ads onto.
- FoxBJK 3y agoIt had just started to become profitable right before Elon bought it. Granted that’s like 1 or 2 profitable quarters out of dozens, but still counts I guess