Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B

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designated_fridge@lemmy.world ⁨8⁩ ⁨months⁩ ago

Who cares, we’re leaving an economy where no one cared about profitability. Just growth. It’s all about whether they can capitalize on that growth now.

Spotify was the same. Turned a profit the first quarter after shifting the focus towards profitability.

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