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

  • Fluffyb@lemmy.nz
    link
    fedilink
    English
    arrow-up
    12
    ·
    1 year ago

    I remember when reddit gold was there to pay server costs. There was a little bar on the side to show how much % was covered per day. I had it for quite awhile. But then I hit financial trouble and had to cancel. By the time I could afford to give back they got greedy and I couldn’t in good faith keep giving them money.

    Reddit could have been a non-profit like Wikipedia. But they wanted all the money.