this post was submitted on 13 Jun 2023
1001 points (98.9% liked)
Lemmy.World Announcements
29155 readers
367 users here now
This Community is intended for posts about the Lemmy.world server by the admins.
Follow us for server news ๐
Outages ๐ฅ
https://status.lemmy.world
For support with issues at Lemmy.world, go to the Lemmy.world Support community.
Support e-mail
Any support requests are best sent to [email protected] e-mail.
Report contact
- DM https://lemmy.world/u/lwreport
- Email [email protected] (PGP Supported)
Donations ๐
If you would like to make a donation to support the cost of running this platform, please do so at the following donation URLs.
If you can, please use / switch to Ko-Fi, it has the lowest fees for us
Join the team
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't think it's a lie, but it highlights that revenue is all they're thinking about.
Hasn't he also stated Reddit is not generating a profit? Which has got to be another obvious lie, seeing as how long they've operated and how massive their site is.
Nah that is most likely very true. If they go public that would also be quite obvious as they have to release all their financials. A lot of giant organizations are not/were not making money for a long time, including Snapchat, Twitter, Uber, etc.
There is a huge cost to running these things.