I am taking no side on this, as I don't have enough visibility in the topic. But do I think this answer is unfairly discounting the cost of running the company, both human and financial.
Building and running a software company is not free.
But reddit was working just fine in 2017, when they had less than 200 employees (compared to their pandemic hiring from 700 up to 2000) and it was working fine at smaller numbers before then. Right now their revenue is about half a billion dollars. They take in more than enough money to run the site and have stupendous profits.
Dylan16807|2 years ago
But reddit was working just fine in 2017, when they had less than 200 employees (compared to their pandemic hiring from 700 up to 2000) and it was working fine at smaller numbers before then. Right now their revenue is about half a billion dollars. They take in more than enough money to run the site and have stupendous profits.
ryanwaggoner|2 years ago