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submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

Reddit's cofounder said that at first the company felt like 'a homework assignment that got out of hand' rather than a business::Reddit's cofounder Steve Huffman said in its early days he filled up most of the site with content using different accounts until it got more users.

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[-] Princeali311@lemm.ee 2 points 9 months ago

It isn't even that it doesn't need to make money. It's that it doesn't need to keep making more money than it did last year. It's okay to have "stagnant" growth. It's okay to just keep doing well rather than keep increasing profits.

this post was submitted on 28 Dec 2023
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