2 ms·
It's pretty clear why it's not profitable now, they've ballooned the company to a huge size and not got any clear revenue or user growth improvements in line wi
by Macha 2y ago
It's pretty clear why it's not profitable now, they've ballooned the company to a huge size and not got any clear revenue or user growth improvements in line with the company size.
What I'm more surprised is that it wasn't profitable in the yishan/ellen pao era. They had reddit premium unlike the founders first run at the site, and they were still run by a handful of people in Conde Nast's back closet.