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by PragmaticPulp 1102 days ago
> This is all a ridiculous self-delusion that Reddit management has engaged in that the platform is really the “value add”. It’s not. Reddit has become the shorthand for…

I don’t understand how people can argue that Reddit is somehow not valuable and then go on to explain how Reddit is valuable.

The “work” that posters and moderators do isn’t a deliverable that investors care about in their quarterly reports. They only care about revenue, be it from ads or customers paying for features.