this post was submitted on 23 Feb 2024

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Reddit says it's made $203M so far licensing its data (techcrunch.com)

submitted 2 years ago by throws_lemy@lemmy.nz to c/technology@lemmy.world

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[–] BigMikeInAustin@lemmy.world 79 points 2 years ago (1 child)

So Reddit charges users to create content (paid premium or by showing ads). And then it sells that content.

Making money both going and coming.

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[–] altima_neo@lemmy.zip 35 points 2 years ago

And it also asks reddit users to invest in reddit

loool

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