Reddit CEO Admits "we are not profitable" right before upcoming IPO

Open link in next tab

Addressing the community about changes to our API

https://old.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/jnkd09c/?context=3

>How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community...

Addressing the community about changes to our API

How do you address the concerns of users who feel that Reddit has become increasingly profit-driven and less focused on community engagement?

We’ll continue to be profit-driven until profits arrive. Unlike some of the 3P apps, we are not profitable.