Reddit says it's made $203M so far licensing its data | TechCrunch
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In its IPO prospectus, Reddit revealed that it has contractual agreements to license its data worth a combined $203 million.
  • Faceman🇦🇺English
    2•1 year ago

    Literally the only way they could become profitable.

    I’m honestly more upset at this deal (I think it was google?) than the CEO pay thing, which is all stock options and mostly ragebait.

    I expect to see them last 3-5 years and get bought out by some bit tech firm, all current execs take their payouts, sell their shares and retire.