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Reddit has never turned a profit in nearly 20 years, but filed to go public anyway (www.cnn.com)

submitted 8 months ago by [email protected] to c/[email protected]

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Reddit has never turned a profit in nearly 20 years, but filed to go public anyway::Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday.

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[–] [email protected] 12 points 8 months ago* (last edited 8 months ago)

I hope their IPO comes crashing down in flames.

Didn't think I'd be here hoping for the failure of what used to be my favorite website but here we are.