this post was submitted on 26 Dec 2023
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Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO (www.theinformation.com)
submitted 10 months ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] Bonehead@kbin.social 11 points 10 months ago

That's about how much he got out of selling Reddit to Conde Nast, which he was unhappy about after seeing the hundreds of millions other people got for selling their platforms like Myspace.