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.
Yeah, let me tell ya what’s NOT going to happen…
Much like Meta and Xitter, it ain’t worth the money to these companies. People will continue to lick their boots, and they will keep stepping. They don’t care.