@jeze@lemm.ee to Technology@lemmy.worldEnglish • 1 year agoReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.commessage-square152fedilinkarrow-up1389arrow-down120
arrow-up1369arrow-down1external-linkReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.com@jeze@lemm.ee to Technology@lemmy.worldEnglish • 1 year agomessage-square152fedilink
minus-square@Moobythegoldensock@lemm.eelinkfedilinkEnglish19•1 year 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-square@DogPeePoo@lemm.eelinkfedilinkEnglish17•1 year 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?