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Reddit seeks to launch IPO in March (www.reuters.com)

submitted 9 months ago by RedditEnjoyer to c/technology

196 comments fedilink hide all child comments

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[–] foggy 21 points 9 months ago

Buying puts on that bitch on day 1.

[–] [email protected] 17 points 9 months ago (1 children)

I hope the STONKS Apes are ready...

[–] [email protected] 12 points 9 months ago (3 children)

They will short the fuck out of it. There is literally no way this company can make money without making the product so much worse they will really start bleeding the users they need for revenue. It will explode on launch week and crash two or three weeks later.

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[–] FrostKing 15 points 9 months ago (6 children)

Can someone tell me what IPO is, and act like I'm not an idiot XD

[–] tmijail 8 points 9 months ago

They're going to start selling shares of the company on public markets

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[–] [email protected] 15 points 9 months ago* (last edited 9 months ago) (3 children)

Hope we see some more migration. Lemmy is miniscule in comparison, with 60,000 active users by last count across all instances.

Heck, even /r/mildyinteresting has 220,000 users and that isn't even the main subreddit, it's a misspelled version of /r/mildlyinteresting.

[–] [email protected] 20 points 9 months ago* (last edited 9 months ago) (1 children)

/r/videos used to be a default and supposedly has millions of subscribers, but when I was still on reddit you'd regularly see content with 100 upvotes reach the top of the subreddit and maybe 10 comments. Often this was on bot reposts.

Their numbers should be take with a huge grain of salt.

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[–] [email protected] 13 points 9 months ago (2 children)

The offering would also test the willingness of some Reddit users to back the company's stock market debut. Many investors posting on the platform have helped fuel dozens of "meme" stock rallies in the last three years.

Whatever nonsense the're implying here is twisted and awefull. Like they owe it to the platform?

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[–] [email protected] 12 points 9 months ago

Good luck Mr. Gorsky

[–] [email protected] 9 points 9 months ago (1 children)

Grabbing popcorn, I'm ready to be entertained by their failure. :)

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[–] [email protected] 8 points 9 months ago

When can I buy puts?

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