halo5@lemmy.world to Lemmy.World Announcements@lemmy.worldEnglish · 1 year agoReddit CEO assures employees that API pricing protests haven’t hurt revenuearstechnica.comexternal-linkmessage-square25fedilinkarrow-up10arrow-down10file-textcross-posted to: [email protected][email protected]
arrow-up10arrow-down1external-linkReddit CEO assures employees that API pricing protests haven’t hurt revenuearstechnica.comhalo5@lemmy.world to Lemmy.World Announcements@lemmy.worldEnglish · 1 year agomessage-square25fedilinkfile-textcross-posted to: [email protected][email protected]
minus-squareAninjanameddaryll@sopuli.xyzlinkfedilinkEnglisharrow-up0·1 year agoLmao! But he claimed reddit wasn’t profitable
minus-squareDreamySweet@exploding-heads.comlinkfedilinkEnglisharrow-up0·1 year agoRevenue and profits aren’t the same thing. Profits are what is left of the revenue after expenses are paid.
minus-squareBOMBS@lemmy.worldlinkfedilinkEnglisharrow-up0·1 year agotrue, but that’s like telling a crew of a sinking ship, “guys, i know a lot have abandoned ship, but we’re still good on buckets.”
minus-squarehalo5@lemmy.worldOPlinkfedilinkEnglisharrow-up0·1 year agoWhich tells me he’s probably not that good at his job (which should be maintaining a balance between the two IMO)…
minus-squareSteeve@lemmy.calinkfedilinkEnglisharrow-up0·1 year agoDon’t have to pay taxes if you technically don’t make profits
minus-squareDreamySweet@exploding-heads.comlinkfedilinkEnglisharrow-up0·1 year agoMost big tech companies aren’t profitable. Even YouTube.
Lmao! But he claimed reddit wasn’t profitable
Revenue and profits aren’t the same thing. Profits are what is left of the revenue after expenses are paid.
true, but that’s like telling a crew of a sinking ship, “guys, i know a lot have abandoned ship, but we’re still good on buckets.”
Which tells me he’s probably not that good at his job (which should be maintaining a balance between the two IMO)…
Don’t have to pay taxes if you technically don’t make profits
Most big tech companies aren’t profitable. Even YouTube.