this post was submitted on 06 Jun 2026
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(page 2) 50 comments
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[–] kevinsky@feddit.nl 7 points 1 week ago* (last edited 1 week ago)

Based on what? Spotify took what, 16 years to turn a profit?

Money stopped working like you expect it to a long time ago.

[–] Greyghoster@aussie.zone 6 points 1 week ago

I would include SpaceX in that category too.

[–] LovableSidekick@lemmy.world 4 points 1 week ago* (last edited 1 week ago) (4 children)

Somebody mentioned today that reddit has been losing money for 17 years.

edit: my bad, apparently they lost money for 17 years before finally turning a profit about a year and a half ago. Anyway the point is that it can take a long time.

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[–] GreenKnight23@lemmy.world 3 points 1 week ago (1 children)

so if they actually find a way to get offered it would make sense to short the fuck out of them, right?

or...would it be the opposite because the market is clearly broken?

[–] Randelung@lemmy.world 5 points 1 week ago

No matter what choice you make as a small investor, it's the wrong one. Brokers and market makers make sure of it.

[–] TwinTitans@lemmy.world 3 points 1 week ago (1 children)

Times running out? No, it’s out.

[–] UnderpantsWeevil@lemmy.world 4 points 1 week ago

The market can remain irrational longer than you can remain solvent.

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