Finally found a decent analysis of why Reddit should care very much about the blackout. Reddit CEO forgot how much money those pesky tire party apps saved him in free labor by mods and redditors. Time to go somewhere no one is looking just for his own pockets.
He said it himself. Reddit isn’t profitable. If the VC funding dries up, the company is done. Just goes to show the importance of finding an alternative way of funding the operating costs of online communities. Maybe we’ve got a good one here.
How does it actually work? Does the instance owner pay for the hosting or is it funded by donations?
It comes down to whoever is paying to host the software. Most seem to be funded by donations.
I like that, it’s better than ad.