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A comment on The ad-based internet is dying, and it's getting worse in the process. Parent comment

Re:The ad-based internet is dying, and it's getting worse in... by local_crmdgeon on Thursday July 13, 2023 @10:16AM (#36709507)
This would be true if Reddit was ever profitable, which it was not. Hosting images was an expensive decision, and they weren't making much money before then.

I think this is just the way of the world. Usenet -> Slashdot -> Digg -> Reddit -> Discord -> ???

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Re:The ad-based internet is dying, and it's getting worse in... by Eisenstein on Thursday July 13, 2023 @10:34AM (#36709777)
They weren't profitable because they kept spending money on growth.
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