I don’t think any of us know reddit’s costs nor its revenue

Spez said this week that reddit is making less than 1 billion in revenue. That specific wording, combined with the size makes it pretty easy to assume they are making hundreds of millions in revenue.

Would YOU want to work for a company that’s just eeking by,

Reddit is one of the largest sites on the internet. It’s not just eeking by

But yes, in a small tech org that was paying well and working at the scale of Reddit? Of course I’d work there. I’ve worked at every where from startups to FAANG, it doesn’t have to be a hyper growth unicorn to be a great place to work and good for your career.

At some point we need reddit and other sites like it to be profitable

They would be profitable if they cut 90% of their staff that work on bullshit like the redesign and NFTs and just had a core DevOps team and a features team. No reason they need to have more than 10 engineers. The site was 95% finished in 2016. All they need is some mod tools.

to develop and expand the features of the site or else some other company will come along and do exactly that, putting reddit out of business.

Ironic you’re saying this on a site we chose to migrate to that has less “features” than reddit.