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.
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.
Narrative control is worth money. That's why it took so much to pry Twitter out of their hands.