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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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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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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.
  • @Bdtrngl@lemmy.world
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    100•1 year ago

    Lots of losses but still paid spez a cool $193 million.

    • @bobs_monkey@lemm.ee
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      51•1 year ago

      Iirc it was $600k as actual payroll, the rest in private stock. But still, fuck the greedy little pig boy.

      • @huginn@feddit.it
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        22•1 year ago

        That 192M in private stock gonna be 192K soon

        • @bobs_monkey@lemm.ee
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          4•1 year ago

          Yup, ain’t that some shit

      • @Holyginz@lemmy.world
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        9•1 year ago

        Better yet, don’t fuck him.

        • SuperDuper
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          11•1 year ago

          Spez wouldn’t be into it anyway since I’m not a 15 year old girl.

          • @Holyginz@lemmy.world
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            1•1 year ago

            True. Dude also looks like a textbook example of someone who would get their lunch money stolen.

        • @bobs_monkey@lemm.ee
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          1 year ago

          We can get him a “present” as a “congratulatory” gesture on his ipo

    • @balancedchaos@lemmy.world
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      36•1 year ago

      For being a complete douche.

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