Can you imagine being CEO of a company with free content creation, free moderation, free app developers, and being wildly popular with consumers and yet still not being able to turn a profit?
AND still be allowed to keep your job?
https://reddit.com/r/reddit/comments/145bram/_/jnkd09c/?context=1
Out of all the AMAs reddit has done, that was certainly one of them.
It takes a lot of confidence to stand on such a large stage and admit, unprompted, you’re terrible at your job.
“it’s a great honor to be here with you today” yadda yadda…
Answer 13 or so questions with a really pissy corporate tone.
Then just vanish without telling anyone the AMA is actually finished. What a guy.
I don’t understand how they weren’t turning a profit with an ad in between every post. 🤬
The crazy thing is… they probably could have charged for the API and got away with it. Either charge a reasonable rate or keep their rates a bit higher, but offer consulting services and a longer deployment timeline so everyone can be more efficient.
They somehow managed to completely roll this out by taking the worst or most expensive option possible at every turn. It’s almost impressive how bad they did.
