this post was submitted on 26 Dec 2023
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[–] [email protected] 10 points 11 months ago (9 children)
[–] flumph 19 points 11 months ago (7 children)

Reddit expects to finish this year with ad revenue ... slightly over $800 million... Reddit had said two years ago it aimed to exceed $1 billion in ad revenue by 2023...

So they missed their two year goal by 20%. They had forecasted a 2.9x growth and achieved 2.3x

When it comes time to IPO, they'll just blame the economy and ad blockers, while showing how many users they forced into their app where ad blocking is harder.

[–] [email protected] 17 points 11 months ago (3 children)

while showing how many users they forced into their app where ad blocking is harder.

Laughs in DNS-level blocking

[–] flumph 1 points 11 months ago

Yeah. I use DNS-level blocking too, but it's not something I can roll out to my non-technical family members. They understand turning off the browser extension if things don't work, but not adding a DNS whitelist and then waiting / clearing DNS.

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