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Clbull@lemmy.world to Technology@lemmy.worldEnglish · 1 year ago

Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years

www.forbes.com

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  • technology@lemmit.online
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Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years

www.forbes.com

Clbull@lemmy.world to Technology@lemmy.worldEnglish · 1 year ago
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  • technology@lemmit.online
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.
  • nomad@infosec.pub
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    1 year ago

    One would imagine the chief asshole would reduce his 190m payday by 100m to make the balance beautiful before an IPO.

    • athos77@kbin.social
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      1 year ago

      Nah, he wants the money for his doomsday bunker. I’m sure he considers the $93m for the COO to be fair game, though …

      • bazus1@lemmy.world
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        1 year ago

        Probably thinks $93k for the COO to be fair game, honestly.

    • db2@lemmy.world
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      1 year ago

      He doesn’t care about the ipo, or reddit, its employees, its “partners”, or anyone who uses the site. He wants money now, and like a house fly he’s not capable of learning.

      • Draupnir@lemmy.world
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        1 year ago

        That’s the first time I’ve heard that analogy and I love it

    • Moobythegoldensock@lemm.ee
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      1 year ago

      Why do that when he can golden parachute instead?

    • Bonskreeskreeskree@lemmy.world
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      1 year ago

      Profitable businesses have to pay taxes

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