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>Their revenue was $804 million. It's not a huge amount for them. They made $804M after all expenses? Or before?
by vba616 2y ago
>Their revenue was $804 million. It's not a huge amount for them.
They made $804M after all expenses? Or before?
- karmakaze 2y agoRevenue is usually before expenses. But it's Reddit not Wikimedia--I imagine they're efficient enough to have the $3.4M without having to put up donation pleas.
- deleted 2y ago[deleted]
- vba616 2y agoI don't understand what you mean, or why you wrote it.
- karmakaze 2y agoI was thinking that Reddit would be much more fiscally responsible/efficient than WikiMedia, but of course I have no real data. In truth they are probably much more similar than they are different.
- vba616 2y agoThey seem to be losing money. On the one hand, if they are incinerating millions of dollars every month, that's an argument that they could easily afford a few more - after all, they are getting cash from somewhere. On the other hand, if they are losing money, in a certain sense they have not got even $1 to spare.