Technology

59578 readers

3168 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

1565

Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO (www.theinformation.com)

submitted 11 months ago by return2ozma@lemmy.world to c/technology@lemmy.world

366 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] wicked@programming.dev 7 points 11 months ago (2 children)

Are you not aware that public companies split the profits too? They do not need to grow to have value for investors.

[–] Chessmasterrex@lemmy.world 9 points 11 months ago (1 children)

Not all of them do that. There are growth stocks and dividend stocks. Growth stocks typically don't pay dividends, but instead reinvest the dividend back into the company. Amazon, Alphabet and Berkshire Hathaway don't pay dividends.

[–] wicked@programming.dev 1 points 11 months ago

Of course not. But they can, whenever they choose to. Parent comment said they have to grow since they are public, unlike private companies like Reddit.

[–] crsu@lemmy.world 3 points 11 months ago

Yeah tell it to the shareholders