Reddit isn’t profitable, despite having a billion dollars in advertising dollars coming in every year? And someone thinks that spez should remain in charge?

My gut reaction is that a multimedia website the size of reddit must be a juggernaut of server and hosting expenses.

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.

Reddit bought imgur though, didn’t they? So that’s part of their expenses.

When did reddit bought it? Wikipedia said owner is MediaLab AI, Inc.