Depending on volunteers is not sustainable, given the regulatory scrutiny that the company will now face, said Julian Klymochko, CEO of alternative investment solutions firm Accelerate Financial Technologies.

“It’s like relying on unpaid labor when the company has nearly a billion dollars in revenue,” he added. Reddit reported revenue of $804 million in 2023, according to an earlier filing.

  • spider@lemmy.nzOP
    link
    fedilink
    arrow-up
    3
    ·
    9 months ago

    when referring to something unpleasant or embarrassing.

    I probably should’ve put this part in bold.