this post was submitted on 23 Feb 2024
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NEW YORK, Feb 7 (Reuters Breakingviews) - Social media platform Reddit, which helps its users “dive into anything,” may finally plunge into the public markets. The 19-year-old company made over $800 million in sales last year, at least 20% more than in 2022, according to Bloomberg. But a dearth of profit this late into its existence portends the lack of a real business model, suggesting it’s still not ready for public company life.

https://www.reuters.com/breakingviews/investors-will-say-ok-boomer-aging-reddit-2024-02-07/

Original link: https://www.reuters.com/breakingviews/investors-will-say-ok-boomer-aging-reddit-2024-02-07/

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[–] OpenStars@startrek.website 1 points 8 months ago

I figured that's what the OK Boomer was code for already:-).

But anyway, yeah fuck spez.:-P