Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.
Reddit migrated to cloud providers and it’s a major part of how they serve videos. They don’t self host or cache and peer that stuff. Their bills are astronomical, like vimoe. It was a dumb move in my opinion and I don’t see how they’ll ever reach profitability because of it.
And how much content are they hosting?
Some months ago, I did a search for reply formatting tips - and got an entry from 14 years ago.
Do they really have the whole of Reddit available like that, or have they put Some of it in cold storage?
Reddit migrated to cloud providers and it’s a major part of how they serve videos. They don’t self host or cache and peer that stuff. Their bills are astronomical, like vimoe. It was a dumb move in my opinion and I don’t see how they’ll ever reach profitability because of it.
https://www.datacenterdynamics.com/en/news/reddit-uses-aws-and-google-cloud-plans-to-spend-at-least-385m-on-cloud-by-september-2026/
$400 million in 2 years on cloud hosting.
And how much content are they hosting? Some months ago, I did a search for reply formatting tips - and got an entry from 14 years ago. Do they really have the whole of Reddit available like that, or have they put Some of it in cold storage?