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.
  • kboy101222@sh.itjust.worksEnglish
    2·
    8 months ago

    I agree with everything except 4 and 6

    4 because video live streaming is stupid expensive. Twitch only survives cause they’re owed by Amazon who owns numerous data centers to support it. Same deal with yt.

    6 because everyone’s already doing short form video and we don’t need another tiktok alternative. We already have Instagram and YouTube, and their server infrastructure likely far exceeds that of reddit.