Technology

59569 readers

4136 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

1346

Reddit CEO Defends His Absurdly High Pay While Not Paying Mods (futurism.com)

submitted 8 months ago by catculation@lemmy.zip to c/technology@lemmy.world

336 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] AnAngryAlpaca@feddit.de 3 points 8 months ago

Reddit has a lot of users that spend a lot of time there, so it is advertising potential, and a lot of Brands pay for ads on Reddit. Investors hope they will eventually make enough ad revenue to turn a profit.

However Twitter was and is in the same boat, it is a big site with many users, but was never profitable.