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by blindprogrammer 724 days ago
Do you realize that some multi-billion dollar, publicly traded companies rely heavily on volunteers who contribute content for free? Imagine if I came to you in 2005 and said, "Would you invest in a for-profit company where the vast majority of workers provide content without any expectation of payment?" You would probably refuse because it sounds like a stupid and unrealistic idea.

But here we are in 2024. Not only has this company succeeded by getting free labor to build itself, but it has also gone public, become valued in the billions of dollars, and made its owners and investors incredibly wealthy. That company is Reddit.

Meanwhile, the people who create the content that makes Reddit what it is are not paid a cent.

1 comments

And where does Reddits income come from? From what it seems, it's just three letter organizations paying for a direct propaganda channel. That could be good business for a search engine as well, not going to deny that.