this post was submitted on 23 Feb 2024
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Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year::Nineteen years since its founding, the social media site is finally going public.

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[–] [email protected] 270 points 8 months ago (2 children)

No fucking wonder they aren't profitable lol

[–] [email protected] 115 points 8 months ago (3 children)

“We need to shut down APIs because they’re exploiting us for free money!”

entire site is moderated by unpaid, unrecognized “employees”

[–] [email protected] 23 points 8 months ago

entire site is moderated by unpaid, unrecognized “employees”

Don't you mean "landed gentry"? /s

Fuck Spez.

[–] [email protected] 1 points 8 months ago

I see how well it's moderated.

[–] [email protected] 21 points 8 months ago

*Content generators for AI training data sets.

[–] [email protected] 117 points 8 months ago (1 children)

It's always so sad watching companies complain about not making enough money while execs are paid ludicrous amounts of money.

[–] [email protected] 9 points 8 months ago

Recover 1/3 of.your revenue with this one neat trick! specs hate it!