Its pretty wild though that he claimed that reddit isnt profitable right now if they are indeed planning on an IPO in the near future.
I know the world has a short memory, but its a pretty bad claim for a CEO to make who wants to sell off the platform
Especially as the platform is actively losing members. Even if you bank on maintaining a large enough number, you’ve admitted the company wasn’t profitable even before it’s challenges. What chance is there of profitability this late into the game, if that’s the case!?
Its pretty wild though that he claimed that reddit isnt profitable right now if they are indeed planning on an IPO in the near future.
I know the world has a short memory, but its a pretty bad claim for a CEO to make who wants to sell off the platform
Especially as the platform is actively losing members. Even if you bank on maintaining a large enough number, you’ve admitted the company wasn’t profitable even before it’s challenges. What chance is there of profitability this late into the game, if that’s the case!?