3 ms·
They were a YC team. They were always on VC funding - and they were not exactly a tale of profit and success. Essentially, Reddit always had to IPO.
by intended 3y ago
They were a YC team. They were always on VC funding - and they were not exactly a tale of profit and success.
Essentially, Reddit always had to IPO.
- Iulioh 3y agoThe problem was the pandemic expansion. See how many people worked at reddit in 2021 and in 2022. It went from something like 500 to 2000 And even if, the CEO said that reddit was never profitable and that's or bullshit or a clear sign of how badly can a company be managed.