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Reddit wants to raise $748M with IPO, sets value at $6.4B
(go.theregister.com)
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this post was submitted on 11 Mar 2024
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Who cares, we're leaving an economy where no one cared about profitability. Just growth. It's all about whether they can capitalize on that growth now.
Spotify was the same. Turned a profit the first quarter after shifting the focus towards profitability.