ardi60@reddthat.com to Technology@lemmy.mlEnglish · 10 months agoReddit Advised to Target at Least $5 Billion Valuation in IPOwww.bloomberg.comexternal-linkmessage-square177fedilinkarrow-up1270arrow-down128 cross-posted to: reddit@lemmy.worldtechnology@lemmy.world
arrow-up1242arrow-down1external-linkReddit Advised to Target at Least $5 Billion Valuation in IPOwww.bloomberg.comardi60@reddthat.com to Technology@lemmy.mlEnglish · 10 months agomessage-square177fedilink cross-posted to: reddit@lemmy.worldtechnology@lemmy.world
minus-squarePotatoesFall@discuss.tchncs.delinkfedilinkarrow-up1·10 months agoThey already make money with ads. Killing third party apps was part of this, now they can control exactly how you see ads. It’s the same as any other social media now, they recommend you content, which is exactly not the point of reddit.
minus-squarenicetriangle@kbin.sociallinkfedilinkarrow-up1·10 months agoReddit’s been running ads for a while and has never turned a profit
They already make money with ads. Killing third party apps was part of this, now they can control exactly how you see ads. It’s the same as any other social media now, they recommend you content, which is exactly not the point of reddit.
Reddit’s been running ads for a while and has never turned a profit