alt Hacker NewsWhat's the operating budget for other websites with comparable traffic? Without context $185 million seems like a lot, but compared to what? Reddit's operating budget for the same timeframe was $1.86 billion.
What's the operating budget for other websites with comparable traffic? Without context $185 million seems like a lot, but compared to what? Reddit's operating budget for the same timeframe was $1.86 billion.
I agree, but it's not a shoestring budget. They also seem to run a surplus every year:
The Wikimedia Foundation (WMF) maintains a significant financial surplus and a growing, healthy balance sheet, with net assets reaching approximately $271.5 million in the 2023–2024 fiscal year. This surplus is largely driven by consistent, high-volume, small-dollar donations, with total annual revenue often exceeding $180 million.