Before Reddit and Digg, there was Fark. Then a user-hostile redesign killed it

Re:Before Reddit and Digg, there was Fark. Then a user-hosti... by Rebelgecko on Monday June 12, 2023 @03:30AM (#36289675)

Profit depends on 2 things, revenue and expenses. Reddit has tripled their headcount over the last few years so they can focus on new features like NFTs. If they were concerned about sustainable profitability, IMO they should've kept their headcount around 500 people and tried to grow revenue without totally blowing up their costs.

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Re:Before Reddit and Digg, there was Fark. Then a user-hosti... by sznio on Monday June 12, 2023 @04:09AM (#36289969)

I wouldn't be surprised if reddit was profitable/at least broke even 8 years ago.

Reddit needs 300 people max to run, and they got like 1500.

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Re:Before Reddit and Digg, there was Fark. Then a user-hosti... by Nextgrid on Monday June 12, 2023 @04:41AM (#36290234)

Considering moderation and basically all community upkeep is relegated to unpaid volunteers, even 300 is a lot.

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Re:Before Reddit and Digg, there was Fark. Then a user-hosti... by rcxdude on Monday June 12, 2023 @04:39AM (#36290218)

AFAIK they have never been profitable.

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