this post was submitted on 09 Jun 2023
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Reddit CEO Admits "we are not profitable" right before upcoming IPO (old.reddit.com)
submitted 1 year ago by Technoguyfication@kbin.social to c/reddit@lemmy.ml
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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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[–] eric3a@lemmy.world 21 points 1 year ago (1 children)

Absolutely. I probably would have paid. I'm not big on subscriptions as I prefer one time upfront costs or lifetime subscriptions when possible, but I did use Reddit a lot.

Instead I deleted my posts and moved on. Now, where do I find huskytantrums?!

[–] spinoza_the_jedi@lemmy.ml 6 points 1 year ago (1 children)

Sometimes I think there isn’t much I miss from Reddit. And then someone mentions a community I miss. Gotta find me a new huskytantrums.

[–] andromedathecat@lemmy.blahaj.zone 3 points 1 year ago

For me it’s catswhoyell