Late last week, news recommendation service reddit started soliciting users to donate i.e. subscribe to reddit gold in order to allow the Condé Nast-owned company to hire more people and buy more servers.
In a new blog post, reddit says approximately 6,000 users have donated to date. That represents less than 0.1 percent of reddit’s total number of users (unique visitors?), which comes in at roughly 8 million today, according to the company. → Read More
In a slightly odd blog post published Friday night, Condé Nast-owned news recommendation service reddit calls for help.
The company would love to hire engineers to complement the current technical team, which has been struggling with site sluggishness and outages lately and would also like to add some new features to reddit at some point.
However, they write, although the company is owned by a mega media corp with billions of dollars in revenue, there’s isn’t any budget to hire people and add more resources.
Its own revenues are too weak, they add, in a – refreshingly – brutally honest way. → Read More
