ZeroCool@slrpnk.net to Reddit@lemmy.mlEnglish · 1 year agoReddit has never turned a profit in nearly 20 years, but it just filed to go public anywayedition.cnn.comexternal-linkmessage-square12fedilinkarrow-up1173arrow-down13 cross-posted to: technology@beehaw.org
arrow-up1170arrow-down1external-linkReddit has never turned a profit in nearly 20 years, but it just filed to go public anywayedition.cnn.comZeroCool@slrpnk.net to Reddit@lemmy.mlEnglish · 1 year agomessage-square12fedilink cross-posted to: technology@beehaw.org
minus-squareS_204@lemm.eelinkfedilinkarrow-up22arrow-down4·1 year agoThat motherfucker for 800k for THAT performance last year? I’ve never seen a blow up like he oversaw…how the fuck does that get you a bonus?
minus-squareProtonBadger@kbin.sociallinkfedilinkarrow-up7·edit-21 year agoThere was no blowup, Reddit both received more funding and their advertising earnings increased. A 21% revenue growth in 2023, I’d say also active user growth but I’m not entirely sure.
minus-squareOmega@lemmy.worldlinkfedilinkarrow-up2·1 year agoHe’s paid to be the face that everyone blames.
That motherfucker for 800k for THAT performance last year? I’ve never seen a blow up like he oversaw…how the fuck does that get you a bonus?
There was no blowup, Reddit both received more funding and their advertising earnings increased. A 21% revenue growth in 2023, I’d say also active user growth but I’m not entirely sure.
He’s paid to be the face that everyone blames.