this post was submitted on 16 Jun 2023
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Reddit CEO Steve Huffman isn’t backing down: our full interview (www.theverge.com)
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[–] MeowdyPardner@kbin.social 7 points 1 year ago (1 children)

one day I hope to count our users among our investors, but getting to breakeven is a priority for us

Yeah well, I'm already an investor on the fediverse, by donating to my instance admins, and the instances I support already break even. It pays back handsome returns on my investment not by extracting value, but by providing a community that respects its users instead of monetizing them. That is the only investment I'm interested in.

[–] OneDimensionPrinter@kbin.social 5 points 1 year ago

I mean, it sure makes sense. If they're getting the server costs and effort to maintain and moderate, happy to drop a few dollaridoos now and again. Less ads to block as well, which is always nice.