• VonReposti@feddit.dk
    link
    fedilink
    English
    arrow-up
    9
    ·
    1 year ago

    The only way I can believe Reddit is this stupid is if investors are holding a gun to their head and demand profitability.

      • postmateDumbass@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 year ago

        What are they raising capital for?

        Why IPO without an expansion into new markets that requires funding?

        There is no growth on the horizon for reddit that justifys overpaying for ownership at IPO prices.