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
quoting note1j8u…56gwI 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