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by joenot443 1109 days ago
I’m pretty convinced that given the userbase, there exists a small team of exceptional marketers, engineers, and product designers who could come up with a “classic” reddit which could operate at a profit. A combination of ads, API limiting, and a monthly premium charge for some super turbo user features.

The product itself is _done_. The code has been _written_, one can host their own open source reddit this very moment. Image/video storage has long been a problem for reddit, so perhaps users will have to get used to YouTube and Imgur again.

I think people are making too many excuses for Reddit when they act as if the product itself is unmonetizable. It’s not, they largely just hired too aggressively and made some design decisions which have been broadly poorly received.

They’ve effectively owned the space since 2008. I think in another world with different leadership Reddit could be in a much healthier position than it is right now.