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Reddit CEO: We're Sticking With API Changes, Despite Subreddits Going Dark (uk.pcmag.com)

submitted 2 years ago by 0485919158191@lemmy.world to c/lemmyworld@lemmy.world

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[–] torafugu@lemmy.one 43 points 2 years ago (2 children)

"We are not profitable"

Says the one who wants the money of 3rd party developers.

[–] Kranerian@startrek.website 15 points 2 years ago (1 children)

Also not a great thing for the CEO to say right before their IPO.

[–] viimeinen@lemmy.world 6 points 2 years ago

Not at all. Most tech startups (if not all) are unprofitable at IPO. Plus they have to make their finances public, so it's not something that was a secret before.