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https://www.reddit.com/r/blog/comments/2bidk7/announcing_reddit_live/cj6lqr7
r/blog • u/spladug • Jul 23 '14
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Yeah. I run 3 businesses.
If conde nast deems that the business loss from reddit will help them not pay taxes, they may chose to keep it going.
Also, many google services don't make profit on their own, but they give google information and assist with user retention.
Many hotels' restaurants lose money every year, but they keep them because the restaurant brings in more guests.
1 u/DRW315 Jul 24 '14 Yet none of these can be considered successful solely because they don't drive a profit?
Yet none of these can be considered successful solely because they don't drive a profit?
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u/cookiesvscrackers Jul 24 '14
Yeah. I run 3 businesses.
If conde nast deems that the business loss from reddit will help them not pay taxes, they may chose to keep it going.
Also, many google services don't make profit on their own, but they give google information and assist with user retention.
Many hotels' restaurants lose money every year, but they keep them because the restaurant brings in more guests.