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this post was submitted on 18 Jun 2023
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Genuinely don't understand how reddit has failed to make money.
Reddit's entire value is based upon the unpaid contributions of its users- they generate and moderate all the content on the site for free, and these are the things that bring people to the site.
How entitled must one be to think they can ignore all this and be fine?
Also how tf is reddit not able to break bank?
The functionality of their website was relatively simple - not underming the reddit devs here. The costs must've been minimal before the redesign and the dumb ass decision to host their own images and videos. Did they burn up all their money for the redesign and the shitty app?
They’re bloated. Thousands of employees. Tons of developers. Marketing people. And in the end? The real product is like you said, it’s the users and volunteer mods.
Those developers? Produced an absolutely terrible mobile app and mobile website.
The marketing people? They’re more focused on NYC time square ads than fixing sponsored posts on Reddit.
It’s an absolute shitshow but that’s what happens with these extremely bloated companies…
Actually sounds like a pretty standard case of feature creep, the bane of all large scale software. A vicious cycle of trying to do too much, failing, and then needing more people to maintain all of the crappy code. All the while they can't make any actual forward progress on things that do matter.
Not sure why they had to blow up like that. At its core Reddit should have been relatively simple to create and maintain.
It’s not “feature creep” when you prioritize ntf avatars over tools for moderators to keep the site functional.