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Joined 1 year ago
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Cake day: June 18th, 2023

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  • and might even get better

    I honestly doubt it. I don’t think it is possible for reddit to be profitable in anything like its current form.

    Twitter, before the EM implosion, had managed one profitable year in the last decade.

    Reddit has about 2 orders of magnitude less users than twitter.

    Those users are much less attractive to advertisers because reddit knows fuck all about them compared to twitter.

    Reddit surfed through the years of cheap vc money but going public could kill it.











  • Pons_Aelius@kbin.socialtomemes@lemmy.world*Cries in Debt*
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    10 months ago

    since athletes can’t be paid,

    Remind me again, what is it called when the people generating the wealth are not compensated?

    It can actually be a problem for the schools, since athletics isn’t allowed to be profitable. They have to spend all the money athletics brings in on athletics, which is why the athletics department ends up with all the fancy new buildings.

    Ah yes, that sounds like a great benefit for students getting an education. Also for the academic staff. Must be great to work at a university as a lecturer and know the football coach earns multiples of your salary.