kingthrillgore@lemmy.ml to Technology@lemmy.worldEnglish · 10 months agoReddit: Return Of The Junk Stock IPOwww.forbes.comexternal-linkmessage-square149fedilinkarrow-up1696arrow-down116
arrow-up1680arrow-down1external-linkReddit: Return Of The Junk Stock IPOwww.forbes.comkingthrillgore@lemmy.ml to Technology@lemmy.worldEnglish · 10 months agomessage-square149fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up1·10 months ago a good experience for their users isn’t their goal They are in tension with the more pressing goal of extracting revenue. But how do you extract revenue from a site that’s mostly just “user content” + “ads” in an era when ad revenue is plummeting? Maybe if they increase the prices on Reddit Gold?
minus-squareStovetop@lemmy.worldlinkfedilinkEnglisharrow-up2·10 months agoThey got rid of Reddit Gold and other awards. It’s now “super upvotes” or something to that effect.
They are in tension with the more pressing goal of extracting revenue. But how do you extract revenue from a site that’s mostly just “user content” + “ads” in an era when ad revenue is plummeting?
Maybe if they increase the prices on Reddit Gold?
They got rid of Reddit Gold and other awards. It’s now “super upvotes” or something to that effect.