halo5@lemmy.world to Lemmy.World Announcements@lemmy.worldEnglish · 1 year agoReddit CEO assures employees that API pricing protests haven’t hurt revenuearstechnica.comexternal-linkmessage-square22fedilinkarrow-up117arrow-down10file-textcross-posted to: [email protected][email protected]
arrow-up117arrow-down1external-linkReddit CEO assures employees that API pricing protests haven’t hurt revenuearstechnica.comhalo5@lemmy.world to Lemmy.World Announcements@lemmy.worldEnglish · 1 year agomessage-square22fedilinkfile-textcross-posted to: [email protected][email protected]
minus-squaree l f @lemmy.worldlinkfedilinkEnglisharrow-up7·1 year agoWasn’t this goober just saying reddit wasn’t profitable? What revenue lol?
minus-squarebuckykat@lemmy.fmhy.mllinkfedilinkEnglisharrow-up1·1 year agoProfits are revenue minus expenses. If all the revenue goes into garbage like nfts and new reddit (or up spez’s nose) there can be a lot of revenue but no profit.
minus-squaree l f @lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoAh, well said. Thanks for clarifying!
Wasn’t this goober just saying reddit wasn’t profitable? What revenue lol?
Profits are revenue minus expenses. If all the revenue goes into garbage like nfts and new reddit (or up spez’s nose) there can be a lot of revenue but no profit.
Ah, well said. Thanks for clarifying!