this post was submitted on 18 May 2024
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Reddit brings back its old award system — ‘we messed up’ (www.theverge.com)
submitted 6 months ago by jeffw@lemmy.world to c/technology@lemmy.world
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[–] bamboo@lemm.ee 6 points 6 months ago

It’s hard to say. I think it was obvious they planned to use ads and gold to break even, but it took many years to begin monetizing aggressively. Once new Reddit and the app came around, and they started making noise about an IPO, it became obvious.