this post was submitted on 11 Mar 2024
370 points (95.1% liked)

Technology

59161 readers
1959 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
370
Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)
submitted 8 months ago by [email protected] to c/[email protected]
152 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [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] 1 points 8 months ago

OF thots?

[–] [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