Reddit CEO assures employees that API pricing protests haven’t hurt revenue

halo5@lemmy.world to Lemmy.World Announcements@lemmy.world – 25 points –
Reddit CEO assures employees that API pricing protests haven’t hurt revenue
arstechnica.com

I wonder how many moderators may adjust their protest time frame as a result of this comment...

19

You are viewing a single comment

Wasn't this goober just saying reddit wasn't profitable? What revenue lol?

Profits are revenue minus expenses. If all the revenue goes into garbage like nfts and new reddit (or up spez's nose) there can be a lot of revenue but no profit.