53 Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway (edition.cnn.com) posted 274 days ago by woxter 274 days ago by woxter +55 / -2 Reddit has never turned a profit in nearly 20 years, but it just filed to go public anyway | CNN Business Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday. 24 comments share 24 comments share save hide report block hide replies
Data is worth more than money
true, but the people who want the data already have it and control reddit. i think this is more about cosmopolitan financiers doing what they love to do: clip a few coins.