Beyond spez (and the fact that he is a greedy little pig boy), I’m curious about the corporate dynamics that prevent a company like Reddit from being profitable. From an outside perspective, they make hundreds of millions per year via advertising, their product is a relatively simple (compared to industries that need a lot of capital to build their product), and their content is created and moderated for free by users. Could any offer some insights or educated guesses? Additionally, I’m curious how this all ties into the larger culture of Silicon Valley tech companies in the 2010s.

  • SaucyGoodness@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    1 year ago

    They’re probably overpaying people that do not contribute a ton, eh? Makes me wonder how much the top brass in general earn.