Reddit has never turned a profit in nearly 20 years, but it just filed to go public anyway : reddit

this post was submitted on 24 Feb 2024

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submitted 8 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 8 months ago (1 children)

Could you elaborate on that for someone who has no clue about stock market stuff?

[–] [email protected] 3 points 8 months ago

He's mostly being paid in something that has potential value that he won't be allowed to sell in large enough quantities to have any real value.