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.

  • urist@lemmy.blahaj.zone
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    8 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