Wild. I wonder how bad reddit will be in a few years. If you think it’s bad noq, It’s not even publicly traded yet, and we’ve all seen how money grubbing being a publicly traded company can become. “Make line go up no matter what” 👀
Reddit IPO Filings Reveal the Company’s Hopes—and Fears
Submitted 1 month ago by jeffw@lemmy.world to technology@lemmy.world
https://www.wired.com/story/reddit-ipo-filings-reveal-the-companys-hopes-and-fears/
Comments
chaosppe@lemmy.world 1 month ago
Fisk400@feddit.nu 1 month ago
NSFW is going to get banned within a year or two. It would be irresponsible towards the share holders not to, because porn lowers advertising value.
slumlordthanatos@lemmy.world 1 month ago
old.reddit is probably going to be on the chopping block, too. I only go for niche communities these days, but I’m gone for good once old.reddit is gone.
BigMikeInAustin@lemmy.world 1 month ago
If they keep the porn, Texas Governor Abbott will block Reddit from Texas. Well, losing the MAGAts might help Reddit get better.
Untitled4774@sh.itjust.works 1 month ago
Which is one of the only good reasons to still go to the site
muntedcrocodile@lemmy.world 1 month ago
I really want to see it crash i hope all of wallstreetbets shorts them into next year.
simplejack@lemmy.world 1 month ago
Anyone can buy stock, but to short you need to get approved for a margin account and you need to put up some collateral. Those are two big barriers that are going to block many Redditors in WSB from shorting.
bradorsomething@ttrpg.network 1 month ago
Puts are a poor man’s short. Sold calls are a rich man’s short. I expect a lot of sold calls.
NotMyOldRedditName@lemmy.world 1 month ago
You can just buy a put.
There’s no infinite loss risk either, the amount risked is determined up front.
Riskier in the sense it can expire worthless.
yuki2501@lemmy.world 1 month ago
The fact that we’re reading and commenting about it on Lemmy is satisfying, despite the sadness of the situation. It’s like watching the city burn after you moved away and saying “wow, I guess I really took the right choice by leaving.”
dhork@lemmy.world 1 month ago
When does it actually go public, anyway? I want to wait a week and pick some up after the inevitable crash
superduperenigma@lemmy.world 1 month ago
Just buy some puts early on. You do not want to pick up shares just to be stuck holding those bags for an indefinite period of time.
dhork@lemmy.world 1 month ago
Well, yeah, but I didn’t think they opened up options right away on new stocks
ganksy@lemmy.world 1 month ago
A week might not be the bottom
phdepressed@sh.itjust.works 1 month ago
Hope not, if it goes down low enough maybe someone reasonable can buy it out.
BigMikeInAustin@lemmy.world 1 month ago
If WallStreetBets owns WallStreetBets, do we get a singularity?
Diamond hands!
jeffw@lemmy.world 1 month ago
lol
AbidanYre@lemmy.world 1 month ago
Like secretly changing comments that are critical of the CEO?
db2@lemmy.world 1 month ago
Silence, landed gentry!
recursive_recursion@programming.dev 1 month ago
yeeesh
if I ever do this I hope I get iced on the spot as it means that there’s a level of integrity that can be verified accross all federated instances
SomeGuy69@lemmy.world 1 month ago
Maybe Huffman was getting nostalgic and started reminiscing about his jailbait subreddit, that was online for so many years on his beloved Reddit.
AlecSadler@sh.itjust.works 1 month ago
I hate him so much.
Wanderer@lemm.ee 1 month ago
World news is a shower of shit.
Might as well be the IDF propaganda devision at this point.
Maven@lemmy.sdf.org 1 month ago
Before I quit, it was a pretty open secret that r/worldnews was a shithole, and the place to get news was r/anime_titties
I don’t know if they’ve gone under too by now, though
ohlaph@lemmy.world 1 month ago
He’s quite delusional.