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