Some huge validation. It’s not profitability. It’s does it make sense. Many companies forgo profit for growth. That’s common.
Wework never made sense at its valuation to me.
Same with Resdit. What is reddits path to profitability ? What value does it create? With their admins and mods being dipshits. It’s a liability to a company and not an asset. I would never buy from a company advertising on Reddit.
How much was WeWork valued at without turning a profit?
Some huge validation. It’s not profitability. It’s does it make sense. Many companies forgo profit for growth. That’s common. Wework never made sense at its valuation to me.
Same with Resdit. What is reddits path to profitability ? What value does it create? With their admins and mods being dipshits. It’s a liability to a company and not an asset. I would never buy from a company advertising on Reddit.