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Reddit seeks to launch IPO in March
(www.reuters.com)
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this post was submitted on 18 Jan 2024
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Yep.
Al the "disrupt the system" tech is just something that people use because it operates at a lose. The vast majority of the time the changes to turn a profit kill the platform.
Twitter has been around forever, and never turned a profit.
That didn't stop an egotistical idiot from spending billions in it tho. Because he thought he was smart enough to easily do it.