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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[โ€“] Chessmasterrex@lemmy.world 9 points 10 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.

[โ€“] wicked@programming.dev 1 points 10 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.