Reddit risks losing its identity in pursuit of profits - eviltoast

Reddit isn’t profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform’s API

  • DilipaEli@lemmy.world
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    1 year ago

    Idk but in my opinion describing red*it as a juggernaut for hosting multimedia is a bit far fetched, since their own image / video hosting platform is pretty shit and most of the media content is actually hosted on other platforms.

      • ikidd@lemmy.world
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        1 year ago

        Imgur started out as a convenient way to host images for Reddit, but Reddit did everything they could to make sure Imgur didn’t stay that way. That’s why they introduced their shitty inhouse image hosting.

        Imgur just kinda goes on by itself now, fairly successfully it seems.

    • cyanarchy@sh.itjust.works
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      1 year ago

      I didn’t mean to imply they were good at it, just that the volumes of data involved are certainly not trivial.