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 8 months 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 8 months ago
Fisk400@feddit.nu 8 months 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 8 months 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 8 months 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 8 months ago
Which is one of the only good reasons to still go to the site
muntedcrocodile@lemmy.world 8 months ago
I really want to see it crash i hope all of wallstreetbets shorts them into next year.
simplejack@lemmy.world 8 months 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 8 months 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 8 months 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 8 months 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 8 months 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 8 months 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 8 months ago
Well, yeah, but I didn’t think they opened up options right away on new stocks
ganksy@lemmy.world 8 months ago
A week might not be the bottom
phdepressed@sh.itjust.works 8 months ago
Hope not, if it goes down low enough maybe someone reasonable can buy it out.
BigMikeInAustin@lemmy.world 8 months ago
If WallStreetBets owns WallStreetBets, do we get a singularity?
Diamond hands!
jeffw@lemmy.world 8 months ago
lol
AbidanYre@lemmy.world 8 months ago
Like secretly changing comments that are critical of the CEO?
db2@lemmy.world 8 months ago
Silence, landed gentry!
recursive_recursion@programming.dev 8 months 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 8 months 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 8 months ago
I hate him so much.
Wanderer@lemm.ee 8 months ago
World news is a shower of shit.
Might as well be the IDF propaganda devision at this point.
Maven@lemmy.sdf.org 8 months 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 8 months ago
He’s quite delusional.