Re:Show HN: Non.io, a Reddit-like platform Ive been working ...
by joshjob42 on Monday June 12, 2023 @02:36PM
(#36298730)
Yeah, if they just dropped image/video hosting on the site, it's just a bunch of text and javascript (aka text), etc. Serving that is extremely cheap. They went from 400 employees in 2019 to 2000 now. I subscribed to Premium for years (not anymore due to their recent actions), and they should absolutely be able to run the site easily on the ~$600M in revenue they make now and be handily profitable.
> VCs to continue to pour hundreds of millions of dollars to run the site and never ask for an ROI
None of this needs to cost hundreds of millions of dollars.