Reddit Migration

104 readers

1 users here now

### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

founded 2 years ago

Reddit revenue rises 20% ahead of IPO, but it isn’t profitable yet (www.businesstimes.com.sg)

submitted 2 years ago* (last edited 2 years ago) by CoffeeAddict@kbin.social to c/RedditMigration@kbin.social

14 comments fedilink hide all child comments

REDDIT posted a more than 20 per cent rise in revenue in 2023 versus the year before, sources familiar with the situation said, as it prepares for one of the United States’ most anticipated potential initial public offerings (IPOs).

you are viewing a single comment's thread
view the rest of the comments

[–] Bonifratz@feddit.de 1 points 2 years ago* (last edited 2 years ago)

Thanks for reminding me of this. For those not aware, in 2016 Spez secretly edited users' reddit comments. It's fascinating that he survived as CEO after that given that it shows an absolutely breathtaking failure of judgment and self-control.