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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?

[-] Sordid@kbin.social 27 points 1 year ago* (last edited 1 year ago)

Reddit would implode instantly with only 2K moderators. According to this Reddit post, six years ago there were almost 75K moderators working in subreddits with more than 500 subscribers (i.e. this number only includes moderators who actually have to do some work because their subs are decently active). That number is certain to have grown since then.

[-] Lemmylefty@vlemmy.net 17 points 1 year ago

“Reddit would implode instantly”

Don’t threaten me with a good time.

[-] expatriado@lemmy.world -1 points 1 year ago

glad i disembarked that submarine

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

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