Jeze3D 64bit@lemm.ee to Technology@lemmy.worldEnglish · 8 months agoReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.comexternal-linkmessage-square136fedilinkarrow-up1384arrow-down120
arrow-up1364arrow-down1external-linkReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.comJeze3D 64bit@lemm.ee to Technology@lemmy.worldEnglish · 8 months agomessage-square136fedilink
minus-squareMoobythegoldensock@lemm.eelinkfedilinkEnglisharrow-up19·8 months agoYou don’t have to be profitable to have a desirable stock, but usually there is some promise of future profitability (like Tesla for most of its history.) Not sure what reddit has going for it, though.
minus-squareDogPeePoo@lemm.eelinkfedilinkEnglisharrow-up18arrow-down1·edit-23 months agoRemoved by mod
You don’t have to be profitable to have a desirable stock, but usually there is some promise of future profitability (like Tesla for most of its history.)
Not sure what reddit has going for it, though.
Removed by mod
OF thots?