Beyond spez (and the fact that he is a greedy little pig boy), I’m curious about the corporate dynamics that prevent a company like Reddit from being profitable. From an outside perspective, they make hundreds of millions per year via advertising, their product is a relatively simple (compared to industries that need a lot of capital to build their product), and their content is created and moderated for free by users. Could any offer some insights or educated guesses? Additionally, I’m curious how this all ties into the larger culture of Silicon Valley tech companies in the 2010s.

  • jetsetdorito
    312·
    2 years ago

    Deciding to host images and especially video really didn’t help, those are expensive.

    • Froyn@kbin.social
      10·
      2 years ago

      Both of which, were completely unnecessary as imgur and youtube were already handling that.

      • SCmSTR@kbin.social
        32·
        2 years ago

        Haha it was perfectly good and the same as all the others on THIRD PARTY APPS

    • 50gp@kbin.social
      4·
      2 years ago

      image hosting seem like an unsolvable problem as making it profitable looks impossible

    • III
      3·
      2 years ago

      Expensive, yes, but that cost scales linearly and probably is easy to track on. If that was worth cutting in their money-making goals it would be something both immediately determined and easily addressed.