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Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO (www.theinformation.com)
submitted 2 years ago by to c/technology@lemmy.world
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[–] 19 points 2 years ago (3 children)

And the issue with consistent growth in billion dollar companies is that it's not sustainable. We can't just keep pilling on profits on top of profits to sate investors insecurities.

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  • [–] 16 points 2 years ago (2 children)

    These morons will try though, their strategy invariably seems to be building the Jenga tower as high as possible, thinking they'll be "quick" or "smart" enough to sell their shares before it tumbles.

    It's gambling, but with people's livelihoods.

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  • [–] 3 points 2 years ago

    I can't wait for all the news articles about the massive layoffs at Reddit, though it will be sad to see the massive droves of employees shuffling out the door with their personal effects like they did when the Enron scandal broke.

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  • [–] 1 point 2 years ago

    I can't wait for all the news articles about the massive layoffs at Reddit, though it will be sad to see the massive droves of employees shuffling out the door with their personal effects like they did when the Enron scandal broke.

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