this post was submitted on 14 Jun 2023
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Reddit CEO assures employees that API pricing protests haven’t hurt revenue (arstechnica.com)
submitted 1 year ago by halo5@lemmy.world to c/lemmyworld@lemmy.world
25 comments fedilink hide all child comments
 

I wonder how many moderators may adjust their protest time frame as a result of this comment...

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[–] buckykat@lemmy.fmhy.ml 14 points 1 year ago (1 children)

Profits are revenue minus expenses. If all the revenue goes into garbage like nfts and new reddit (or up spez's nose) there can be a lot of revenue but no profit.

[–] elf@lemmy.world 3 points 1 year ago

Ah, well said. Thanks for clarifying!