Re:Discord bans r/WallStreetBets server, subreddit went priv...
by echelon on Thursday January 28, 2021 @02:54AM
(#25939331)
They made $120 million in revenue last year from selling Nitro custom user ids, emoji packs, etc.
[ Parent
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Re:Discord bans r/WallStreetBets server, subreddit went priv...
by richrichardsson on Thursday January 28, 2021 @03:54AM
(#25939719)
100 million MAUs can't be cheap to maintain. You're probably getting downvoted because revenue != profit.
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by echelon on Thursday January 28, 2021 @04:10AM
(#25939830)
They have expenses, but they also have a rapidly growing (YoY) revenue source. I didn't think I'd need to point out all the pieces of the puzzle.
I'm tired of getting downvoted with every post I make. I can understand when I defend freedom of speech or attack Apple or Google or China that I offend people, but it's happening all the time on totally benign posts.
It's making me cynical about the community. HN is great for information discovery and diversity of experience, but it feels like people are becoming increasingly vicious.
Re:Discord bans r/WallStreetBets server, subreddit went priv...
by christophilus on Thursday January 28, 2021 @04:06AM
(#25939801)
Revenue != profits