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Mathew Ingram /
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2024-02-22 21:23:04

Mathew Ingram on Nostr: Reddit's S-1 filing makes it pretty obvious why it wants to go public -- net loss of ...

Reddit's S-1 filing makes it pretty obvious why it wants to go public -- net loss of $90 million last year and $160 million the year before. Also, there will be multiple voting shares of course, so even if you buy stock you will have zero say https://www.sec.gov/Archives/edgar/data/1713445/000162828024006294/reddits-1q423.htm
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