Re:Can Reddit Grow Up?
by AndrewKemendo on Monday July 28, 2014 @01:35PM
(#8098187)
Profitable is different than sustainable. So why can't it be sustained without being "profitable?"
Is Reddit sustainable while it is bleeding money? How many sites are sustainable bleeding money? I'm serious. How is losing money a sustainable business model?
Re:Can Reddit Grow Up?
by AndrewKemendo on Monday July 28, 2014 @08:00PM
(#8099983)
From the article and from what I understand around the site, they aren't losing money, they just aren't making profit from the revenues they have. I don't know what their books look like but it appears from what I have seen that they have pretty thin delta between income and outlays.
It's mentioned in the article and known elsewhere, Reddit is not profitable and has not been profitable to date. Not bleeding out all of your money seems like a specific push for further monetization.