this post was submitted on 11 Mar 2024
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Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)
submitted 8 months ago by [email protected] to c/technology
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[–] [email protected] 19 points 8 months ago (2 children)

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.

[–] [email protected] 17 points 8 months ago

I think Reddit will be Robinhood 2.0

It’s a bag pass/exit liquidity

It’s a ruse

[–] eran_morad 1 points 8 months ago

OF thots?