• ryathal@sh.itjust.works
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    1 year 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.