this post was submitted on 08 Feb 2024
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[Reuters BreakingViews] Investors will say “OK Boomer” to aging Reddit (www.reuters.com)
submitted 9 months ago by athos77@kbin.social to c/reddit@lemmy.ml
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[...] a dearth of profit this late into its existence portends the lack of a real business model, suggesting it’s still not ready for public company life.

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[–] sentient_loom@sh.itjust.works 14 points 9 months ago

Reddit’s ability to unite niche communities around common interests could eventually translate into a sustainable model, especially if it can sell loads of data to artificial intelligence model-builders.

ok boomers