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.
  • LesserAbe@lemmy.worldEnglish
    2·
    8 months ago

    My understanding is on these fillings you’re supposed to give a full accounting of all the risks so investors can’t sue you later. It’s like going for surgery where they say you could die - not saying it’s likely, but tries to get them off the hook.