this post was submitted on 11 Jun 2023
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Reddits is poor ๐Ÿ˜ข (feddit.uk)
submitted 1 year ago* (last edited 1 year ago) by Burt_Toastcrumbs@feddit.uk to c/memes@lemmy.ml
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[โ€“] mikegioia@lemmy.ml 1 points 1 year ago

2k employees at 100k/year for everything would be 200M/year just in compensation. That, plus hosting and all the server costs could put them close to this ad revenue if not slightly over. However, this ad revenue isn't including things like reddit gold and gifts, I'm curious to see how that factors in.