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.

  • retrieval4558@mander.xyz
    0·
    8 months ago

    “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.

    It’s not like that, it is that.

    • spider@lemmy.nzOP
      0·
      8 months ago

      It’s not like that, it is that.

      He might not have meant that in the literal sense:

      The overuse of the word “like” is a pet peeve of many people, and it’s more often associated with ditzy teenagers than effective communicators.

      Daily Muse writer Sara McCord said she was called out on her use of the word, and claimed it “detracts from your message and overall professionalism.”