Does anyone know how far?
this post was submitted on 26 Dec 2023
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Reddit expects to finish this year with ad revenue ... slightly over $800 million... Reddit had said two years ago it aimed to exceed $1 billion in ad revenue by 2023...
So they missed their two year goal by 20%. They had forecasted a 2.9x growth and achieved 2.3x
When it comes time to IPO, they'll just blame the economy and ad blockers, while showing how many users they forced into their app where ad blocking is harder.
while showing how many users they forced into their app where ad blocking is harder.
Laughs in DNS-level blocking
harder not impossible
I read somewhere that Reddit cannot advertise on its sexually explicit subs, so I use Reddit exclusively for smut. Lemmy for all my non-smut needs
yes! that place was built by normal people and they sold it to corporations. I love hearing news like this! fuck reddit!
Good