this post was submitted on 25 Jun 2023
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The Verge reacting to Reddit's spokesperson trying to discredit them (pixel.tchncs.de)
submitted 1 year ago* (last edited 1 year ago) by AlmightySnoo@lemmy.world to c/reddit@lemmy.ml
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[–] Tangentism@lemmy.ml 13 points 1 year ago* (last edited 1 year ago)

The big difference between Reddit and Facebook/twitter is that they were content moderation companies and they failed because they didn't invest enough in it to keep the platform from going toxic.

Reddit has free content generation, free content moderation and they still can't make a fucking profit.