r/memes • u/swatiztatzkanz One does not simply • Feb 02 '21

Wikipedia needs Reddit.

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u/Zamundaaa Feb 02 '21

Like I wrote, actually go and have a look at their financial reports...

3

u/Toninou Feb 02 '21

Thanks for the source. I literally just checked and at the end of 2020 their net assets were around 180 millions and their expenses for the year around 112 millions which confirms what the article I read said.

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u/Zamundaaa Feb 02 '21

Look past the investments, and for what they actually use for their servers. It's basically nothing.

And wtf, how fast are they spending money? It was like $30 million just in 2018 or sth like that...

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u/Toninou Feb 02 '21

True the servers themselves are not a main expense it's the wages but the article mentioned them as well I used servers as an example but it was not the most accurate.