this post was submitted on 20 Jun 2023
101 points (100.0% liked)

Reddit

14318 readers
2 users here now

founded 6 years ago
MODERATORS
[email protected]
101
Apollo developer debunks claims made my spez (www.reddit.com)
submitted 2 years ago by [email protected] to c/[email protected]
19 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 2 years ago

Both are probably true. Some more things that help those claims.

  • ad revenue per user is garbage on reddit, and forcing third party users into their app is a small number of users.
  • reddit is currently not profitable, likely because they hired a ton of people trying to get more growth that didn't happen.
  • reddit has no good ideas on how to effectively monetize the site, they also have no good concept of who is important for user engagement.