Reddit isn’t profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform’s API
Reddit isn’t profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform’s API
They have TWO THOUSAND PEOPLE working at Reddit and Memmy for Lemmy is a superior product with how many people working on it?? 3?
Spez is an impossibly incompetent Elon Musk wannabe (the person who just flushed $44 BILLION down the toilet due to incompetence). He needs to be drawn and quartered tbh
Elon flushed 44B and made 96B just this half year.
The game isn’t right somewhere.
The game was rigged from the start.
Always has been.
FOSS does not have an inherent detriment versus corporate products. If enough people want to do it, development of FOSS can in principle move just as quick or quicker than corporate development (and more efficiently too).
The recent interest in Lemmy, largely thanks to Reddit’s incompetence, means that not only is the core software moving very quickly but the app scene is growing quickly as well.
I wouldn’t say it’s a better product, but it is quicky moving in that direction.
I’m so happy user funded and user controlled is a viable market strategy.
The official Reddit app is just a miserable experience. Take away the ads and bugs and I still don’t like it. Navigation, layout, voting are all inferior to Memmy already and the gap is only widening
Agreed! Any time I go back to try it out, it’s a miserable experience. I was spoiled for 6 years or however long it was with Apollo where the user experience was obsessed upon. I’m using Mlem now and it’s refreshing compared to the official Reddit app.
It also works for operating systems ;)
https://kde.org/
Damn.
Is that 2,000 paid employees or does that include moderators?
Of course it doesn’t include moderators. Moderators are users.
Also, there are way more than 2000, especially once you call all the very tiny subs that technically have moderators. But even if not, Reddit’s biggest treasure are all the niche subs.
Reddit would implode instantly with only 2K moderators. According to this Reddit post, six years ago there were almost 75K moderators working in subreddits with more than 500 subscribers (i.e. this number only includes moderators who actually have to do some work because their subs are decently active). That number is certain to have grown since then.
“Reddit would implode instantly”
Don’t threaten me with a good time.
glad i disembarked that submarine
The “anti evil operations” team is technically paid moderators, but have no idea how big they are.
I do declare, spoken like true landed gentry m’lad.
How much revenue do you think it would generate if streamed on ThreadsLive?!
If you ask a computer engineer, they would say that’s what you get with and without a product/project manager.