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

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submitted 7 months ago by ZeroCool@slrpnk.net to c/reddit@lemmy.ml

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[-] Mkengine@feddit.de 3 points 6 months ago

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

[-] kandoh@reddthat.com 3 points 6 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.

this post was submitted on 24 Feb 2024

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