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.
That R&D budget means reddit has thousands of people working on software engineering. That’s some 1/10 of the headcount of the likes of Microsoft and Google.
Even the sales and marketing line, although it should be the largest one by a huge margin, I fail to see where reddit is spending it. Have you ever seen a reddit ad?
thousands of people working on software engineering
Doing fucking what?
Have you ever seen a reddit ad?
All the time (possible you don’t see them because of ad blockers etc). I just opened the front page and the fourth result was:
“Hey Reddit, there are r/nostupidquestions, so we want to know: What’s your decision making process before entering a trade? Walk us through your method in the comments. (tastylive.com)”
I honestly can’t make sense of it and I don’t want to know.
That R&D budget means reddit has thousands of people working on software engineering. That’s some 1/10 of the headcount of the likes of Microsoft and Google.
Even the sales and marketing line, although it should be the largest one by a huge margin, I fail to see where reddit is spending it. Have you ever seen a reddit ad?
Doing fucking what?
All the time (possible you don’t see them because of ad blockers etc). I just opened the front page and the fourth result was:
“Hey Reddit, there are r/nostupidquestions, so we want to know: What’s your decision making process before entering a trade? Walk us through your method in the comments. (tastylive.com)”
I honestly can’t make sense of it and I don’t want to know.