Reddit CEO Admits "we are not profitable" right before upcoming IPO
Reddit CEO Admits "we are not profitable" right before upcoming IPO
old.reddit.com Addressing the community about changes to our API
>How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community...
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.
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We're going to be profitable by completely decimating our product.
No, wait. That doesn't seem like the right thing to do!
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