Without a way to make money, you end up having to take a lot of money. That's not true. Digg may have raised a lot of money, but Reddit got big on very little

Without a way to make money, you end up having to take a lot of money. That's not true. Digg may have raised a lot of money, but Reddit got big on very little. They were ramen profitable when they were acquired, and could easily have stayed that way if they hadn't been.