halo5@lemmy.world to Lemmy.World Announcements@lemmy.worldEnglish · 2 years agoReddit CEO assures employees that API pricing protests haven’t hurt revenuearstechnica.comexternal-linkmessage-square20fedilinkarrow-up178arrow-down10file-textcross-posted to: technology@beehaw.orglemmyworld@lemmy.worldtechnology@beehaw.orggeneral_discussion@lemmy.fmhy.ml
arrow-up178arrow-down1external-linkReddit CEO assures employees that API pricing protests haven’t hurt revenuearstechnica.comhalo5@lemmy.world to Lemmy.World Announcements@lemmy.worldEnglish · 2 years agomessage-square20fedilinkfile-textcross-posted to: technology@beehaw.orglemmyworld@lemmy.worldtechnology@beehaw.orggeneral_discussion@lemmy.fmhy.ml
minus-squaree l f @lemmy.worldlinkfedilinkEnglisharrow-up22arrow-down1·2 years agoWasn’t this goober just saying reddit wasn’t profitable? What revenue lol?
minus-squarebuckykat@lemmy.fmhy.mllinkfedilinkEnglisharrow-up12·2 years agoProfits are revenue minus expenses. If all the revenue goes into garbage like nfts and new reddit (or up spez’s nose) there can be a lot of revenue but no profit.
minus-squaree l f @lemmy.worldlinkfedilinkEnglisharrow-up3·2 years agoAh, well said. Thanks for clarifying!
Wasn’t this goober just saying reddit wasn’t profitable? What revenue lol?
Profits are revenue minus expenses. If all the revenue goes into garbage like nfts and new reddit (or up spez’s nose) there can be a lot of revenue but no profit.
Ah, well said. Thanks for clarifying!