this post was submitted on 28 Feb 2024
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851
Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years (www.forbes.com)
submitted 10 months ago by [email protected] to c/[email protected]
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[–] [email protected] 76 points 10 months ago (2 children)

may never achieve profitability.

I'm not an expert or anything, but that doesn't sound like a very good investment.

[–] [email protected] 13 points 10 months ago (1 children)

You could short it...

[–] [email protected] 11 points 10 months ago

I think that's Spez's plan

[–] [email protected] 2 points 10 months ago

My understanding is on these fillings you're supposed to give a full accounting of all the risks so investors can't sue you later. It's like going for surgery where they say you could die - not saying it's likely, but tries to get them off the hook.