this post was submitted on 27 Feb 2024
1501 points (98.8% liked)

Reddit

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norz@lemmy.ml
1501
... (lemmy.ml)
submitted 1 year ago by 7heo@lemmy.ml to c/reddit@lemmy.ml
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[–] SendMePhotos@lemmy.world 4 points 1 year ago

But reddit hasn't been profitable, right?

[–] Spongebobsquarejuche@hexbear.net 4 points 1 year ago

womp womp

[–] modifier@lemmy.ca 2 points 1 year ago (1 children)

I appreciate this sentiment, but I would not advise paying moderators straight out.

[–] PunnyName@lemmy.world 1 points 1 year ago

Yeah, need to tax the shit out of them and make the profits a social benefit. Fuck the rich. Eat the rich.

[–] Swarfega@lemm.ee 2 points 1 year ago (1 children)

Has this been posted on Reddit itself anywhere. I'd be interested to read users comments

[–] insufferableninja 1 points 1 year ago

he didn't "make" 193m last year. the nominal value of the shares of reddit that he has accrued have been valued at 193m, based on the proposed IPO price. there are plenty of reasons to be angry at spez and reddit, but this is just misinformation

[–] autumn@social.raincloud.dev 1 points 1 year ago* (last edited 1 year ago)

☹️

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