Reddit kind of anticipates this critique in its investor docs, and argues that it didn’t really start operating as a serious business until 2018 when it finally started “meaningful monetization efforts” — that is, trying to make money for real.

But that’s still six years ago. What has Reddit been doing since then?

One big, obvious answer: It has been hiring a lot of engineers and spending a lot of money on their salaries…

…What am I missing? I asked Reddit comms for comment but they declined, citing the company’s quiet period before the IPO.

Internet Archive capture

  • _haha_oh_wow_
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    9 months ago

    Tech worker here: Am underpaid, you are full of shit on that part.

    Edit: Looking at your subsequent posts, it seems you are just completely full of shit or quite possibly trolling. Just to be safe: Welcome to my block list! :D

    • AggressivelyPassive
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      -29 months ago

      Yeah, why would you engage with someone who suggests that 200k per year might not be a fair wage?