Reddit CEO: We're Sticking With API Changes, Despite Subreddits Going Dark

https://lemmy.world/post/71139

Reddit CEO: We're Sticking With API Changes, Despite Subreddits Going Dark - Lemmy.world

"We are not profitable"

Says the one who wants the money of 3rd party developers.

Also not a great thing for the CEO to say right before their IPO.
Not at all. Most tech startups (if not all) are unprofitable at IPO. Plus they have to make their finances public, so it's not something that was a secret before.