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Reddit CEO Admits "we are not profitable" right before upcoming IPO

old.reddit.com Addressing the community about changes to our API

>How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community...

Addressing the community about changes to our API

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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  • He's just digging the grave more and more... but I doubt spez cares as long as he gets his golden parachute in the end

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