Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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Spez said this week that reddit is making less than 1 billion in revenue. That specific wording, combined with the size makes it pretty easy to assume they are making hundreds of millions in revenue.
Reddit is one of the largest sites on the internet. It's not just eeking by
But yes, in a small tech org that was paying well and working at the scale of Reddit? Of course I'd work there. I've worked at every where from startups to FAANG, it doesn't have to be a hyper growth unicorn to be a great place to work and good for your career.
They would be profitable if they cut 90% of their staff that work on bullshit like the redesign and NFTs and just had a core DevOps team and a features team. No reason they need to have more than 10 engineers. The site was 95% finished in 2016. All they need is some mod tools.
Ironic you're saying this on a site we chose to migrate to that has less "features" than reddit.