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Technology@lemmy.worldEnglish · 1 year ago

Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years

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Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years

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Technology@lemmy.worldEnglish · 1 year ago

When will the company make money? After two decades, it still can’t say. And there are enough other red flags that investors might want to be wary.

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ApeNo1@lemm.ee
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1 year ago
This does not stop companies being successful in IPOs and giving share holders lucrative gains. Take Atlassian as an example of a company seen as successful but is not profitable.

Atlassian has not yet posted a full-year profit in its 20+ years

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