Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years - eviltoast
When will the company make money? After two decades, it still can’t say. And there are enough other red flags that investors might want to be wary.
  • Syntha@sh.itjust.worksEnglish
    31·
    8 months ago

    It needs to become profitable because it was unprofitable for 20 years. Would you dump millions into something that doesn’t even have the chance to make you money in the first place? Reddit wouldn’t even exist anymore.