I don’t care about Reddit but I still can’t get over what a devastating self-own it was to say “unlike 3rd party apps, Reddit isn’t profitable.”

Like you run a site with one of the internet’s most recognizable brands, completely driven by volunteer moderators and people posting free content, and you STILL can’t make a viable business model from it? Absurd.

@SasquatcherGeneral Wait, this is the same website that is preparing for an IPO? I mean, I know the government isn't very good at making money but I was under the impression that one wants to make a company look as profitable as possible in advance of an IPO?