• athos77@kbin.social
    link
    fedilink
    arrow-up
    12
    ·
    1 year ago

    The weird thing is that if spez hadn’t spent tens of millions of dollars on things that reddit kept telling him they didn’t want - reddit crypto, reddit NFTs, etc - they likely would’ve been profitable way before now.

    • theneverfox@pawb.social
      link
      fedilink
      English
      arrow-up
      7
      ·
      1 year ago

      Yeah, they could’ve been profitable a long time ago if they grew the staff slowly and kept their head down

      But they wouldn’t be Facebook level profitable. Their investors don’t care much about them being profitable, they want 100x or bust