• psylancer@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    12
    ·
    1 year ago

    Has anyone seen a reasonable breakdown of how much Reddit costs to run? Or how much lemmy collectively might cost?

    • Silviecat44@vlemmy.net
      link
      fedilink
      English
      arrow-up
      12
      ·
      1 year ago

      I would assume the majority comes from hosting? Then again I know nothing about how reddit operates.

      • derived_allegory@beehaw.org
        link
        fedilink
        English
        arrow-up
        15
        ·
        edit-2
        1 year ago

        developers are quite expensive too.even though they don’t have many developers, it can still be a huge spending.

        • bitsplease@lemmy.ml
          link
          fedilink
          English
          arrow-up
          5
          ·
          1 year ago

          Reddit as a whole has somewhere around 2k employers (minus 90 after the layoffs)

          That’s a shockingly high number considering how little user facing development there has been

          • Mike@lemmy.ml
            link
            fedilink
            English
            arrow-up
            4
            ·
            1 year ago

            2k employees at 100k/year for everything would be 200M/year just in compensation. That, plus hosting and all the server costs could put them close to this ad revenue if not slightly over. However, this ad revenue isn’t including things like reddit gold and gifts, I’m curious to see how that factors in.

              • Mike@lemmy.ml
                link
                fedilink
                English
                arrow-up
                2
                ·
                edit-2
                1 year ago

                I just meant average cost per employee. That includes their salary but also health insurance, benefits, and payroll taxes. Definitely not everyone is getting 100k salary, but I think that’s a pretty conservative estimate for total employee cost at a tech company of their size.

                • honk@feddit.de
                  link
                  fedilink
                  English
                  arrow-up
                  1
                  ·
                  1 year ago

                  Okay…i have no clue how much an employee in america would cost. My comment was more an immediate shocked reaction of disbelief than actually stating that you were wrong lol

    • Soviet Snake@lemmygrad.ml
      link
      fedilink
      English
      arrow-up
      12
      ·
      1 year ago

      When they talk about being profitable what they mean is that the CEO needs to be paid some stupid wage like 10.000.000 a month, then being able to cover employees salaries and then costs of hosting and so on, and then, still being able to accumulate at last the double of the money per month so that they can see “growth”. Basically it all comes down allowing a parasite to live for free off the backs of the working class. If CEO or shareholders would earna normal wage, I bet your ass Reddit would be profitable as hell if what you care about is building an awesome tool.

  • QuentinCallaghan@sopuli.xyz
    link
    fedilink
    English
    arrow-up
    6
    ·
    edit-2
    1 year ago

    Reddit in its early days was based around free speech absolutism, and it had subs like /r/CreepShots, /r/WatchPeopleDie, /r/CoonTown and so on. But the current CEO being once the moderator of THAT sub in question… that I didn’t know!

    • zalack@lemmy.ml
      link
      fedilink
      English
      arrow-up
      5
      ·
      edit-2
      1 year ago

      Alright I’m going to go out on a limb and say that /r/WatchPeopleDie shouldn’t be lumped in with that other human trash.

      Every month or so I would get morbidly curious and scroll that sub for ten or fifteen minutes. Firstly, the comments and posts never seemed… I don’t know I have the right word… sociopathic? gleeful? cruel?

      The tone of the whole sub was much more somber. I always came away from that sub with a stark reminder that we are so so fragile, and our future can get snuffed out by the universe – sheer random chance – at any moment.

      To me it was a reminder to live more in the present. Don’t take tomorrow for granted, and I saw a lot of the sort of thing in the comments.

      A lot of the videos were just random shit, like pedestrians getting hit stuck by a rogue tire flung from a car crash 500 feet away. Just totally senseless and sad… but in a way that helps put what’s important in perspective.

      • Stumblinbear@pawb.social
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        I only went to that sub a couple of times. All I’ve learned is to stay away from forklifts and ferris wheels.

  • theCOORN@lemmy.fmhy.ml
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    i mean aren’t most social media platforms(or just tech services in general) unprofitable? like wasn’t twitter losing millions of dollars even though it was really popular?