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A comment on Reddit is profitable ever, with nearly 100M daily users. Parent comment

Re:Reddit is profitable ever, with nearly 100M daily users by bigfatkitten on Wednesday October 30, 2024 @12:47AM (#41992040)
And they only needed 2000 employees to do that.
[ Parent | on HN ]
Re:Reddit is profitable ever, with nearly 100M daily users by create-username on Wednesday October 30, 2024 @02:53AM (#41992414)
What about their trusty slaves modding for a sense of belonging, pride and accomplishment?
[ Parent | on HN ]
Re:Reddit is profitable ever, with nearly 100M daily users by nhggfu on Wednesday October 30, 2024 @09:57AM (#41994820)
many of these supposed "slaves" are making $100k+ a year with affiliate links in sidebars and crap like that,

especially for gambling and illegal/unregulated gambling related stuff

eg @ /r/sportsbook /r/gambling /r/casino /r/<insert casino brand here> etc etc

because of course audience + parasite hosting (google likes to rank reddit for lots of queries)

[ Parent | on HN ]
Re:Reddit is profitable ever, with nearly 100M daily users by CamelCaseName on Thursday October 31, 2024 @01:01AM (#42003648)
Maybe some small minority of mods make money, and Reddit turns a blind eye.

But it's certainly not the majority, and the further back in time you go, the number gets significantly lower.

I'm still coming to terms with the fact that the internet has changed. The people who do it for money completely outcompete those who do it for passion.

[ Parent | on HN ]