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by vba616 789 days ago
>Their revenue was $804 million. It's not a huge amount for them.

They made $804M after all expenses? Or before?

1 comments

Revenue is usually before expenses. But it's Reddit not Wikimedia--I imagine they're efficient enough to have the $3.4M without having to put up donation pleas.
I don't understand what you mean, or why you wrote it.
I was thinking that Reddit would be much more fiscally responsible/efficient than WikiMedia, but of course I have no real data. In truth they are probably much more similar than they are different.
They seem to be losing money.

On the one hand, if they are incinerating millions of dollars every month, that's an argument that they could easily afford a few more - after all, they are getting cash from somewhere.

On the other hand, if they are losing money, in a certain sense they have not got even $1 to spare.