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Reddit never seemed to have to bother trying to make any profit. They still haven't. Digg wanted to make money. If Conde hadn't bought Reddit, then it would l
by mibbitier 14y ago
Reddit never seemed to have to bother trying to make any profit. They still haven't.
Digg wanted to make money.
If Conde hadn't bought Reddit, then it would likely have been a far closer race.
When your competition isn't interested in making money, you're always going to be at a major disadvantage.
- antidaily 14y agoI'm not so sure. Digg was pretty much already dead when that deal went through.
- staunch 14y agoReddit's burn rate was probably 2% of Digg's. That allowed them to not be as focused on short-term profit.
- adventureful 14y agoIt's always tragic when the profit motive gets in the way of making good products that people want to use. Like in the case of Apple and the way it has made it impossible for them to make great products. Oh wait.