this post was submitted on 29 Jun 2023
69 points (97.3% liked)

Reddit

13623 readers
1 users here now

founded 5 years ago
MODERATORS
[email protected]
69
Reddit protest plunges user engagement, site activity and ad portal visits (techcrunch.com)
submitted 1 year ago by [email protected] to c/[email protected]
24 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

They're lining up an IPO. Anything suggesting that they can't maintain 5-10% real growth year after year (like other companies that investors could put their money) is truly damming. A sustained decrease in revenue, even a small one, is going to gut the IPO valuation.