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A comment on Reddit CEO tells employees that subreddit blackout ‘will pass’. Parent comment

Re:Reddit CEO tells employees that subreddit blackout ‘will ... by favorited on Tuesday June 13, 2023 @03:30PM (#36315652)
> They are in the business of making money.

Sounds like they're pretty bad at it, then. 4 days ago, their CEO claimed that Reddit is not profitable.

https://www.reddit.com/r/reddit/comments/145bram/addressing_...

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Re:Reddit CEO tells employees that subreddit blackout ‘will ... by Atotalnoob on Tuesday June 13, 2023 @03:37PM (#36315747)
Cause he 10x'd their headcount.

If he kept headcount low like craigslist, wikipedia, etc. They would probably be profitable

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Re:Reddit CEO tells employees that subreddit blackout ‘will ... by ink_13 on Tuesday June 13, 2023 @04:29PM (#36316625)
Minorly profitable, though, not "giant IPO" profitable.

Reddit has investors who clearly want their money back with a nice return on top.

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