Comment on Kevin Rose steps down as CEO of DiggparentComments−steveklabnik16y> reddit may not be profitable.Considering they just had to beg for donations...−AgentConundrum16yThere's a difference between "not profitable" and "not profitable enough."−InclinedPlane16yAlso a difference between "not profitable because they can't be" and "not profitable because they refuse to be".−thisorthat16yReddit is having financial issues because Conde Naste does not give them any money. I assume they are taking money from what little they make from ads.−daychilde16yReddit Gold was an immense success, allowing them to spin up a number of virtual servers.Speaking as one, I noticed the slowness and time-out problems basically went away as soon as they spun up those servers.Whatever the financial relationship with Conde Nast, Reddit Gold is definitely a success.
Comments
> reddit may not be profitable.
Considering they just had to beg for donations...
There's a difference between "not profitable" and "not profitable enough."
Also a difference between "not profitable because they can't be" and "not profitable because they refuse to be".
Reddit is having financial issues because Conde Naste does not give them any money. I assume they are taking money from what little they make from ads.
Reddit Gold was an immense success, allowing them to spin up a number of virtual servers.
Speaking as one, I noticed the slowness and time-out problems basically went away as soon as they spun up those servers.
Whatever the financial relationship with Conde Nast, Reddit Gold is definitely a success.