this post was submitted on 16 Jun 2023
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Reddit CEO Steve Huffman isn’t backing down: our full interview (www.theverge.com)
submitted 2 years ago by ardi60@lemmy.ml to c/reddit@lemmy.ml
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[–] MeowdyPardner@kbin.social 11 points 2 years ago* (last edited 2 years ago) (2 children)

one day I hope to count our users among our investors, but getting to breakeven is a priority for us

Yeah well, I'm already an investor on the fediverse, by donating to my instance admins, and the instances I support already break even. It pays back handsome returns on my investment not by extracting value, but by providing a community that respects its users instead of monetizing them. That is the only investment I'm interested in.

[–] greenfish@lemmy.one 1 points 2 years ago

Yep. As soon as I set up my lemmy account I set up a recurring donation. I don't want anything for free I understand things cost money, spez is the one trying to monetize other people's unpaid labor

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