Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year - eviltoast
Nineteen years since its founding, the social media site is finally going public.

We live under corporate feudalism

  • halcyoncmdr@lemmy.worldEnglish
    3·
    8 months ago

    I’m not talking about reddit users. They have no bearing on public investors frankly. Investors don’t give a shit about users, just profitability. And an unprofitable company with no end of unprofitability in sight spending 35% of their limited revenue on two executives is ridiculous.