Yeah tell it to the shareholders
Comment on Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO
wicked@programming.dev 10 months agoAre you not aware that public companies split the profits too? They do not need to grow to have value for investors.
crsu@lemmy.world 10 months ago
Chessmasterrex@lemmy.world 10 months ago
Not all of them do that. There are growth stocks and dividend stocks. Growth stocks typically don’t pay dividends, but instead reinvest the dividend back into the company. Amazon, Alphabet and Berkshire Hathaway don’t pay dividends.
wicked@programming.dev 10 months ago
Of course not. But they can, whenever they choose to. Parent comment said they have to grow since they are public, unlike private companies like Reddit.