this post was submitted on 07 Jul 2023
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Reddit risks losing its identity in pursuit of profits (www.techzine.eu)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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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

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[–] Chariotwheel@kbin.social 17 points 1 year ago

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.