The thing with reddit, and why it used to be so much better than other corporate media, is that they’ve always under-monetized their users. Facebook and such earned at least an order of magnitude more per user.
If reddit loses half of its user base and doesn’t gain a single user, but 10x’s their revenue per user, well, they’re still making 5x more money.
The thing with reddit, and why it used to be so much better than other corporate media, is that they’ve always under-monetized their users. Facebook and such earned at least an order of magnitude more per user.
If reddit loses half of its user base and doesn’t gain a single user, but 10x’s their revenue per user, well, they’re still making 5x more money.