What is Nostr?
jb /
npub1y84…9axg
2024-10-30 23:51:05

jb on Nostr: and even if by some miracle they did actually turn a profit this quarter… It does ...

and even if by some miracle they did actually turn a profit this quarter… It does not explain how a company can lose money for 20 years straight and continue to function

I saw an article today claiming that Reddit was profitable for the first time ever
20 years of losing money and now all of a sudden they are profitable due to “advertising revenue”
When CEO Ellen Pao jumped ship from Reddit In 2015 she basically admitted that online advertising was a complete scam
Nothing has changed nine years later
Epic levels of financial shitbaggery going on here
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