>> Reddit succeeded largely because the company that bought them is making money elsewhere.
Such a nonsense makes me angry. Surely you've heard about companies called Google, Facebook, Linkedin, that succeeded without being bought and for a long time not making a profit.
The difference is Reddit isn't particularly looking for profit. Unless they completely change their business and way of doing things (unlikely to happen), they probably will never make a profit.
Agreed. If they are re-investing money to grow the product, that might be why they aren't currently profitable. That doesn't indicate a lack of success in my book.
Such a nonsense makes me angry. Surely you've heard about companies called Google, Facebook, Linkedin, that succeeded without being bought and for a long time not making a profit.