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this post was submitted on 02 Jul 2023
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From the article, emphasis mine:
I think they're wrong. I don't think Reddit has the funds.
They can just take it out of the c-suite salaries
Yeah exactly — Reddit hasn’t been profitable ever. Probably explains why they fired the person who actually was hired to do celebrity AMAs and leaving it to volunteers. Celebrity AMAs are probably one of the better ways to attract attention, but of course are pretty expensive.
Oh well.