Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B
merc@sh.itjust.works 2 months agoIt’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.
QuarterSwede@lemmy.world 2 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.