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> The community is extremely anti-advertising,

I can't think of a community that is less anti-advertising. If I had a nickel for every time a Redditor has talked about purposely leaving ad-block off on that site...

>If it was really all that successful, I don't think all the employees would have left.

I believe their payroll is significantly higher than it has ever been. No way to know what individual salaries look like, but it's beyond argument that they have more employees now, and those employees are being paid well enough to stay.

I do agree though that this does not speak to online advertising in general. Reddit is a single site, -obviously not enough data points to make broad pronouncements about the health of online advertising (which, incidentally, is a market predicted to be around 34 billion in 2012 in the U.S. alone...).




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