jeze@lemm.ee to Technology@lemmy.worldEnglish · 9 months agoReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.comexternal-linkmessage-square153fedilinkarrow-up1389arrow-down120
arrow-up1369arrow-down1external-linkReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.comjeze@lemm.ee to Technology@lemmy.worldEnglish · 9 months agomessage-square153fedilink
minus-squareMoobythegoldensock@lemm.eelinkfedilinkEnglisharrow-up19·9 months agoYou don’t have to be profitable to have a desirable stock, but usually there is some promise of future profitability (like Tesla for most of its history.) Not sure what reddit has going for it, though.
minus-squareDogPeePoo@lemm.eelinkfedilinkEnglisharrow-up18arrow-down1·9 months agoI think Reddit will be Robinhood 2.0 It’s a bag pass/exit liquidity It’s a ruse
You don’t have to be profitable to have a desirable stock, but usually there is some promise of future profitability (like Tesla for most of its history.)
Not sure what reddit has going for it, though.
I think Reddit will be Robinhood 2.0
It’s a bag pass/exit liquidity
It’s a ruse
OF thots?