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Reddit CEO Triples Down, Insults Protesters, Whines About Not Making Enough Money From Reddit Users (www.techdirt.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 year ago

And after all that has happened, you'd take what they say at face value? I certainly would not. I take "not profitable" to mean not as profitable as they would like to be to support whatever valuation they are targeting. As far as I know I've not heard that their cash flow is negative. It is negative cash flow that puts companies out of business and is the serious thing.