this post was submitted on 13 Jun 2023
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Hasn't he also stated Reddit is not generating a profit? Which has got to be another obvious lie, seeing as how long they've operated and how massive their site is.
Nah that is most likely very true. If they go public that would also be quite obvious as they have to release all their financials. A lot of giant organizations are not/were not making money for a long time, including Snapchat, Twitter, Uber, etc.
There is a huge cost to running these things.