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plazman30

plazman30@lemmy.world
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That happens all the time with publicly traded companies. This is the reason why we had the dotcom bubble burst in the last 1990s.

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I do! I did not know it could do that.

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I wish there was browser extension that let me use vim keyboard binding inside of text boxes like this one.

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Usually necessary is on and greyed out in almost all the dialog boxes I see.

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https://seekingalpha.com/article/4477033-reddit-unprofitable-despite-growth

Nevertheless, like many IPOs, Reddit remains unprofitable. The question for investors is whether Reddit can achieve minimum viable economies of scale and achieve profitability. So far, there are no indications that this will happen.

There are few other sources that say reddit is unprofitale.

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I think you replied to the wrong message.

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This change sucks. But, from what I read, Reddit have NEVER been profitable. If they were smart, they would modified the API so it included ads. I don’t think Reddit is long for this world. Even if these protests were effective, reddit is eventually going away. They’re too big to make a profit now.

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