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"Advertiser-funded" as used here means the income from advertising is necessary for the continued existence of the website.

Companies advertising open position on HN do not pay for the ads. HN does not rely on imcome from ads to run the website.

(Now, one could argue that HN is owned by YC, YC makes money from "tech" companies and "tech" companies generally use online ads or ad services as their "business model". Fair enough. In response, I would point out that HN does not need surveillance, data collection or ads in order to survive. HN's "content" comes from from submitters and commenters. These individuals are unpaid. Unlike sites run by "tech" companies, the users generating the "content" are not paid from online advertising revenue.)