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Reddit has never turned a profit in nearly 20 years, but filed to go public anyway (www.cnn.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Reddit has never turned a profit in nearly 20 years, but filed to go public anyway::Reddit, the message board site known for its chronically online userbase and for originating much internet discourse, filed for its long-anticipated initial public offering on Thursday.

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[–] bassomitron@lemmy.world 4 points 8 months ago (2 children)

Pensions are amazing, why the hell would you not want one? 401ks are nice, too, and ideally you find a gig that does both. Yes, there are some companies that have fucked their employees' pensions over, but those are in the minority and doing so is illegal, so those companies tend to be doing other illegal shit as well (e.g. the infamous case of Enron).

[–] AdmiralShat@programming.dev 7 points 8 months ago* (last edited 8 months ago)

A 401k is something, an account, I legally own. A pension is a promise.

[–] nooneescapesthelaw@mander.xyz 1 points 8 months ago

I dont want to be pinned down to one company, or because i may want to retire earlyz or because i want actual full 100% control of how my money is invested so that i know it's inline with my religious beliefs and morals