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Teehee
(lemmy.nz)
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this post was submitted on 30 Oct 2026
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There’s one tiny detail that you need a viable plan to actually turn a profit.
And reddit did turn a profit, for the first time ever, shortly after going public.
And how long did that last?
https://investor.redditinc.com/news-events/news-releases/news-details/2026/Reddit-Reports-Third-Quarter-2026-Results/default.aspx
They are still highly profitable, although yeah I agree their long term prospects are dimming.
Was that from that Google deal or something else?