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Reddit says it's made $203M so far licensing its data
(techcrunch.com)
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this post was submitted on 23 Feb 2024
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The users get a service that costs hundreds of millions to maintain for free.
And no one is forcing them to post valuable content without compensation.
Well there's apparently more than 400 million active users every month, so they could charge users a few cent per month and pay for the infrastructure entirely. But they choose to be massive privacy invading assholes.
If they charged users any amount of money there wouldn't even be 400000 of them anymore.
Yes there'd be less, but the amount is purely speculative and you don't know anymore than I do.
Even if they have to go with the ad-supported model to maintain a large active userbase, that can easily be done without all the tracking. But again, they chose the shittiest option...there's really a pattern of them just being massive assholes. No matter what options they have, they'll apparently go for the shittiest one that screws over the users the most.
This was my attitude until reddit took away my app. Now the site is the poster child for enshitification