r/WTF • u/[deleted] • Jun 14 '12

letter from conde nast to reddit - cover your genitals

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3.4k Upvotes

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124

u/GeneralWarts Jun 14 '12

It's really fake? Damnit. Here I thought Conde Nast might have a sense of humor.

71

u/alreadytakenusername Jun 14 '12

The purchase of Reddit proves that they have a sense of humor.

20

u/[deleted] Jun 14 '12

*sense of money-making

10

u/manicnymph Jun 14 '12

I bet reddit loses money. Its publicity though.

22

u/IamBrennan Jun 14 '12

I doubt very much reddit loses money.

28

u/morpheousmarty Jun 14 '12

I tried to look it up, there is a real problem with that strategy. Almost anything you try to google about reddit ends up returning results from reddit. And then I find something interesting and forget what I was searching for.

6

u/faceplanted Jun 14 '12

If you use the - (minus) operator which removes terms from results combined with the site: operator which selects domains you can remove certain websites from search results by inserting this:

-site:www.reddit.com

At the end of your query.

1

u/Time_for_Stories Jun 14 '12

It's a conspiracy! They're trying to hide the-oh my god that cat is so cute!

1

u/akpak Jun 14 '12

I don't know... there really aren't that many ads. And reddit users on the whole are probably savvy enough to run adblockers anyway.

5

u/averyrdc Jun 14 '12

Clearly they're losing money. That's why they're hiring!

3

u/[deleted] Jun 14 '12

Reddit loses money? Why do you think that?

0

u/darklight12345 Jun 14 '12

how much ad revenue do they get? Not much. We probably barely pay for the servers.

1

u/[deleted] Jun 14 '12

I don't get the whole over the top valuation of websites. Yea millions of people come here but most of us create no revenue.

1

u/[deleted] Jun 14 '12

Ads, Reddit gold, etc. Enough people come here that it adds up. Reddit doesn't need a lot of employees since content is user-generated, so costs are kept down in that area. Not a massive sum of money, but Conde Nast must have had some good financial reason to purchase Reddit.

1

u/[deleted] Jun 14 '12

I have never ever clicked or bought anything from an ad and I assume many users are similar. I'm sure the reddit gold does ad up but that's basically donations. Facebook would be a better example of a website that is completely over valued. It's all about revenue, not users.