Who Owns Reddit? A breakdown of the type and nationality of shareholders.

submitted by magnora7 from i.redd.it

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[–]wuzizname 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (2 children)

Still hasn’t turned a profit. Like not at all in all these years.

[–]IridescentAnaconda 15 insightful - 2 fun15 insightful - 1 fun16 insightful - 2 fun -  (1 child)

It doesn't need to. It just needs to serve as a platform for propaganda.

From the perspective of the deep deep pockets that own almost everything, Reddit is a service worth paying for.

[–]madcow-5 11 insightful - 1 fun11 insightful - 0 fun12 insightful - 1 fun -  (0 children)

This. A lot of social media is a tool for influence, not a profit maker.