Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years
Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years
www.forbes.com Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years
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.
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In 2023, the company’s revenue was $804.0 million. Research and development, at $438.3 million, was more than half, an awfully big number for a company of this age.
What the heck are they doing‽
Edit: oops, Semi-Hemi-Demigod beat me to it. Hello, fellow binner!
Coke. Lots and lots of coke.
Ich bin ein kbinner?
Nein, du binst ein binner
What the heck are they doing‽
Enshitifying the site with new features that subtract value.
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