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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.
  • bobs_monkey@lemm.ee
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    1 year ago

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

    • Hello_there@kbin.social
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      1 year ago

      600k for causing a mass migration. Fuck that and fuck CEO compensation in general

    • huginn@feddit.it
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      1 year ago

      That 192M in private stock gonna be 192K soon

      • bobs_monkey@lemm.ee
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        1 year ago

        Yup, ain’t that some shit

    • Holyginz@lemmy.world
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      1 year ago

      Better yet, don’t fuck him.

      • SuperDuper@lemmy.world
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        1 year ago

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

      • bobs_monkey@lemm.ee
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        1 year ago

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

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