this post was submitted on 24 Feb 2024
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Technology
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Can someone explain to me what Reddit's costs are supposed to be? It's not like they have to pay licences for things like music or have to host insanely large media files. Their content generation and moderation is free. For a long time their website was barebones and they didn't have to make an official app. I can never even recall them advertising until recently.
Probably basically all operational expenses, with a minority being cloud expenditure and a majority being salaries for employees, if I had to guess.
I'm assuming that spez gets most of his pay in the form of stock options which doesn't really cost the company anything real.