this post was submitted on 28 Feb 2024
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Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years (www.forbes.com)
submitted 8 months ago by Clbull@lemmy.world to c/technology@lemmy.world
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[–] kboy101222@sh.itjust.works 2 points 8 months ago

I agree with everything except 4 and 6

4 because video live streaming is stupid expensive. Twitch only survives cause they're owed by Amazon who owns numerous data centers to support it. Same deal with yt.

6 because everyone's already doing short form video and we don't need another tiktok alternative. We already have Instagram and YouTube, and their server infrastructure likely far exceeds that of reddit.