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
    0·
    3 months ago

    eu·phe·mism

    noun

    a mild or indirect word or expression substituted for one considered to be too harsh or blunt when referring to something unpleasant or embarrassing.

    • LallyLuckFarm@beehaw.org
      0·
      3 months ago

      Inappropriate for a wire service/po•tah•to. Reuters has little value to me if non factual statements are not attributed as quotes.

      • spider@lemmy.nzOP
        0·
        3 months ago

        when referring to something unpleasant or embarrassing.

        I probably should’ve put this part in bold.