It’s almost certainly going to do well enough that the VCs and insiders will be able to cash out. The founders will be centi-millionaires. But, people who buy in at the IPO price, I wouldn’t be surprised if they lose a lot of money.
Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B
ZeroCool@slrpnk.net 10 months ago
Yeah, they kept sending me emails begging me to invest. Reddit’s IPO is a fucking clown car headed toward a cliff.
merc@sh.itjust.works 10 months ago
QuarterSwede@lemmy.world 10 months ago
I’m not investing because fuck you Spez and wallstreetbets is certainly going to have a field day. I can’t wait for popcorn time.
A_Very_Big_Fan@lemmy.world 10 months ago
I hope it makes a funny noise when they hit the ground
towerful@programming.dev 10 months ago
I report them as spam.
Its nothing i signed up for, and consider it marketing. And there is no unsubscribe link in the email, and its from an unmonitored inbox.
That makes it spam, and i hope it trashes their mailer IP’s reputation
ZeroCool@slrpnk.net 10 months ago
Yep, I do the same. I opted out of all 20ish email comm options on that shithole site so it’s just straight up spam.
UnderpantsWeevil@lemmy.world 10 months ago
Sounds like standard Reddit content to me.
Cypher@lemmy.world 10 months ago
What a shock on the reddit clone.
shasta@lemm.ee 10 months ago
When was the last time you got a marketing email from Lemmy?