this post was submitted on 24 Feb 2024
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Reddit

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Reddit has never turned a profit in nearly 20 years, but it just filed to go public anyway (edition.cnn.com)
submitted 8 months ago by [email protected] to c/[email protected]
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[–] [email protected] 7 points 8 months ago* (last edited 8 months ago)

There was no blowup, Reddit both received more funding and their advertising earnings increased. A 21% revenue growth in 2023, I'd say also active user growth but I'm not entirely sure.