How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community engagement?
We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable.
How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community engagement?
We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable.
Thank you for the explanation, I’m having a hard time understanding how an “unprofitable” business has managed to stay afloat this long.
Through investors, who consider the revenue a good indication for future profits. So they float the bill and receive shares in the company instead, and cash out during the IPO.