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Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO (www.theinformation.com)

submitted 8 months ago by return2ozma to c/technology

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[–] [email protected] 2 points 8 months ago* (last edited 8 months ago) (1 children)

They weren't a corporation from the get-go though? They were a Y-Combinator project that became successful, and were eventually bought by Conde Nast (when the "sell-out" began, btw).

[–] laverabe 2 points 8 months ago

I think profit was always the end goal, except for Aaron Swartz. They might not have been incorporated but the intent always seemed like profit.