Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.
Yeah, $124m for marketing doesn’t strike me as instantly unreasonable, if they’re managing to bring in $242m in ad revenue from ads that I literally have never once wanted to click on that are so poorly presented that my brain literally filters them out
Research and development and admin, on the other hand, I would have some questions about, if I’d spent money on the stock and was supposed to be receiving a return on my investment
It’s always good to have my personal bubble burst, thanks.
So yeah, they should be spending a lot of money on that line. Looks like they are.
Yeah, $124m for marketing doesn’t strike me as instantly unreasonable, if they’re managing to bring in $242m in ad revenue from ads that I literally have never once wanted to click on that are so poorly presented that my brain literally filters them out
Research and development and admin, on the other hand, I would have some questions about, if I’d spent money on the stock and was supposed to be receiving a return on my investment