Blaze@discuss.tchncs.de to Reddit@lemmy.world · 8 months agoReddit faces new reality after cashing in on its IPOarstechnica.comexternal-linkmessage-square29fedilinkarrow-up1143arrow-down110file-text
arrow-up1133arrow-down1external-linkReddit faces new reality after cashing in on its IPOarstechnica.comBlaze@discuss.tchncs.de to Reddit@lemmy.world · 8 months agomessage-square29fedilinkfile-text
cross-posted from: https://lemmy.zip/post/12276054 Reddit must now answer to its shareholders as well as its vocal users.
minus-squareHypx@fedia.iolinkfedilinkarrow-up51·8 months agoReddit has never been a business capable of generating significant profit. It only exists because it was less monetized than the alternatives. By abandoning this philosophy, Reddit is guaranteed to be the next Digg.
Reddit has never been a business capable of generating significant profit. It only exists because it was less monetized than the alternatives. By abandoning this philosophy, Reddit is guaranteed to be the next Digg.