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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 9 months ago by ZeroCool@slrpnk.net to c/technology@beehaw.org
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[-] scrubbles@poptalk.scrubbles.tech 87 points 9 months ago

Now, Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models.

Shame I left last year. Look at all the great innovation they'll be doing

this post was submitted on 24 Feb 2024
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