this post was submitted on 12 Jun 2023
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Reddit CEO: We're Sticking With API Changes, Despite Subreddits Going Dark (uk.pcmag.com)
submitted 1 year ago by 0485919158191@lemmy.world to c/lemmyworld@lemmy.world
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[โ€“] torafugu@lemmy.one 41 points 1 year ago (1 children)

"We are not profitable"

Says the one who wants the money of 3rd party developers.

[โ€“] Kranerian@startrek.website 14 points 1 year ago (1 children)

Also not a great thing for the CEO to say right before their IPO.

[โ€“] viimeinen@lemmy.world 7 points 1 year ago

Not at all. Most tech startups (if not all) are unprofitable at IPO. Plus they have to make their finances public, so it's not something that was a secret before.