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.

  • Randomgal@lemmy.ca
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    6 months ago

    I agree with you. That was my point, there are always compromises if a group of people is involved. In opposition to the comment implying that Lemmy is absolutely free of control. It’s just a different form of control.

    • urist@lemmy.blahaj.zone
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      6 months ago

      Hmm, I’m not sure how your opinion differs from /u/[email protected] then, that’s more or less what they were saying, no? They never stated they thought lemmy was completely free from control, the contrary in fact: community effort