Reddit’s main source of revenue is advertising. Other companies pay Reddit to shove ads in your face. You probably buy products from at least some of those companies, and while market forces and consumer perceptions have large influence, operating costs are still a factor in setting those prices. Just like everyone else, Reddit sets the prices of its advertising services based in part on its operating costs, which includes Spez’s salary.
Even if you avoid Reddit, things you buy are more expensive because this fucking toolshed gets paid $193 million a year just to be a sociopathic jackoff with a popular website.
I quit Reddit years ago, but I’m still fucking pissed about this shit and I have every right to be.
I gotta unpack this a little…
Reddit’s main source of revenue is advertising. Other companies pay Reddit to shove ads in your face. You probably buy products from at least some of those companies, and while market forces and consumer perceptions have large influence, operating costs are still a factor in setting those prices. Just like everyone else, Reddit sets the prices of its advertising services based in part on its operating costs, which includes Spez’s salary.
Even if you avoid Reddit, things you buy are more expensive because this fucking toolshed gets paid $193 million a year just to be a sociopathic jackoff with a popular website.
I quit Reddit years ago, but I’m still fucking pissed about this shit and I have every right to be.
Just like auto insurance is more expensive than it should be because they advertise like mad.
Impressive