this post was submitted on 23 Feb 2024
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Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year::Nineteen years since its founding, the social media site is finally going public.

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[–] FartsWithAnAccent@lemmy.world 244 points 1 year ago (2 children)

No fucking wonder they aren't profitable lol

[–] MindSkipperBro12@lemmy.world 103 points 1 year ago (3 children)

“We need to shut down APIs because they’re exploiting us for free money!”

entire site is moderated by unpaid, unrecognized “employees”

[–] einlander@lemmy.world 19 points 1 year ago

*Content generators for AI training data sets.

[–] ooterness@lemmy.world 19 points 1 year ago

entire site is moderated by unpaid, unrecognized “employees”

Don't you mean "landed gentry"? /s

Fuck Spez.

[–] rottingleaf@lemmy.zip 1 points 1 year ago

I see how well it's moderated.