@buccocapital
Because they're doing weird accounting tricks where they're "paying" their executives like a billion dollars in stock that isn't really worth anything but allows the company to realize no profit.
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Reddit reported a net loss of $90.8 million for 2023
How is that even possible? The site has looked the exact same and had the exact same functionality since 2010
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@Gok
@buccocapital
Their losses are funded by communists so it does not matter if it is profitable. The purpose is idea subversion and its going great for them so therefore not hard to find communists to throw money at a loss over and over.
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@Gok
@buccocapital
Seeing people with no financial acumen say stuff like this is always so funny to me
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