Comment on Reddit: Return Of The Junk Stock IPO
DingoBilly@lemmy.world 8 months ago
It’s a hard call on Reddit.
This article seems to leave out the reality that Reddit’s big win is data and an in built machine learning capability in what is good quality. For future AI and LLMs it’s actually a treasure trove of information that will only rise in value.
Realistically it’s had massively bad PR and issues but people still use it over Lemmy and many others. So it doesn’t seem like it’s going to go away at end of day.
At end of day it’s stocks so it’s coin flips all the way. No one beats the market consistently over time that doesn’t also utilise insider information.