> One big issue with Reddit is that it is mismanaged. With the revenue they are generating ($456 million USD), it should be more than enough to run a site like Reddit.
So who gets fired? How many people are you willing to make unemployed? What services get removed? What improvements stop? Realistically, the reason they don't make a profit is they're aiming for growth and they're getting the growth.
Everybody involved with the NFTs, with this API decision, with everything about New Reddit, the dumb crypto currencies, do we need to go on? It's a long list.
Firing people who manage the ethics and technical specs of your site is different from shutting down a superfluous NFT division. That is a gold rush for stupid people.
So who gets fired? How many people are you willing to make unemployed? What services get removed? What improvements stop? Realistically, the reason they don't make a profit is they're aiming for growth and they're getting the growth.