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Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years (www.forbes.com)

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

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[–] [email protected] 43 points 8 months ago* (last edited 8 months ago) (3 children)

In 2023, the company’s revenue was $804.0 million. Research and development, at $438.3 million, was more than half, an awfully big number for a company of this age.

What the heck are they doing‽

Edit: oops, Semi-Hemi-Demigod beat me to it. Hello, fellow binner!

[–] [email protected] 21 points 8 months ago

Coke. Lots and lots of coke.

[–] [email protected] 9 points 8 months ago (1 children)

Ich bin ein kbinner?

[–] [email protected] 8 points 8 months ago* (last edited 8 months ago)

Nein, du binst ein binner

[–] [email protected] 4 points 8 months ago

What the heck are they doing‽

Enshitifying the site with new features that subtract value.