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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[–] kosanovskiy@lemmy.world 11 points 1 year ago

The lost this a while back because they wanted to turn into a social media platform like twitter and facebook. It was originally set to oppose those things and we made memes about those platforms and then we ended up becoming one. Will reddit die? No, i dont think so. But just like Facebook i'll just not use it.