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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

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[-] ForgetReddit@lemmy.world 270 points 1 year ago

They have TWO THOUSAND PEOPLE working at Reddit and Memmy for Lemmy is a superior product with how many people working on it?? 3?

Spez is an impossibly incompetent Elon Musk wannabe (the person who just flushed $44 BILLION down the toilet due to incompetence). He needs to be drawn and quartered tbh

[-] Lemmylefty@vlemmy.net 14 points 1 year ago

Is that 2,000 paid employees or does that include moderators?

[-] db2@lemmy.one 72 points 1 year ago

Of course it doesn't include moderators. Moderators are users.

[-] Chariotwheel@kbin.social 17 points 1 year ago

Also, there are way more than 2000, especially once you call all the very tiny subs that technically have moderators. But even if not, Reddit's biggest treasure are all the niche subs.

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this post was submitted on 07 Jul 2023
1108 points (97.1% liked)

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