Comment on Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO
laverabe@lemmy.world 1 year agosame here, since 2008. Pretty much every user of the site was on the same standard default subreddits. I don’t like what Reddit has become but I don’t blame them like a lot of people here.
Honestly they were a corporation from the get-go, out to make money once it became popular. They built something no one else did.
But going forward, the little reddit escapade from their corporate suite shows that freedom of speech can only thrive when there is no driving profit motive.
prole@sh.itjust.works 1 year ago
They weren’t a corporation from the get-go though? They were a Y-Combonator project that became successful, and were eventually bought by Conde Nast.
laverabe@lemmy.world 1 year ago
I think profit was always the end goal, except for Aaron Swartz. They might not have been incorporated but the intent always seemed like profit.