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this post was submitted on 15 Jun 2023
622 points (100.0% liked)
Technology
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To investors it also portrays utter ineptitude and an open hostility to the adminsitration of the site by a large portion of the users, and that Reddit is utterly reliant on said users to generate its value. Lord knows I wouldn't dare want to take any stock in this company, social media in general makes little profit and Spez has admitted, before a fucking IPO, that Reddit is not profitable. What fool would buy stock in this?
I dare to say any speculation about new Reddit stock will be to short the shit out of it.