@jeze@lemm.ee to Technology@lemmy.worldEnglish • 1 year agoReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.comexternal-linkmessage-square109fedilinkarrow-up1309arrow-down119
arrow-up1290arrow-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-square109fedilink
minus-square@Moobythegoldensock@lemm.eelinkfedilinkEnglish17•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.eelinkfedilinkEnglish15•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
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