Reddit has never turned a profit in nearly 20 years, but filed to go public anyway::Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday.

  • jimmydoreisalefty@lemmy.world
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    9 months ago

    Profit

    Does it have shell companies that Reddit offloads its profit to…

    Might be similar to twitter or news media, influence is worth more to its owners?

    Data is valuable as well…

    Top 10% own stock, so that can also be part of the stock games…