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Reddit's Eternal September began no later than 2018 when Tumblr banned porn. What's happening now is that it has hit an apparent growth ceiling (most of the mos
by scythe 3y ago
Reddit's Eternal September began no later than 2018 when Tumblr banned porn. What's happening now is that it has hit an apparent growth ceiling (most of the most upvoted posts are from more than a year ago) and the owners have realized that they have to make it profitable now or never.
As long as the site is growing, it doesn't have to be profitable. But when the music stops...
- Unkechaug 3y agoI think the big problem with profitability comes directly from why the userbase grew so large to begin with. People use it as entertainment, and are uploading content that is expensive to host. Video and images are magnitudes larger than simple text and links to that content. If Reddit didn’t take it upon themselves to host media, they wouldn’t be in such a crunch. They also wouldn’t have grown so large, true, but there was no question of Reddit’s sustainability then. With mainly text and links, weathering the slowdown in growth storm would be easier.