Go ahead and buy. Shares generally tank pretty quick after IPO for companies that don’t actually make anything, the dot bust ensured that. Only time will tell if Reddit shares improve or flounder around not going anywhere. An additional thought - Reddit would do well to do things like get rid of old.reddit, go after ad blockers, and maybe implement a “verified” fee program like Xwitter to boost their stock potential. And also ensure I’ll never return.
Wow. Reading the heavyhanded corporate plays by people like musk, Reddit’s c-suite, and now the fears about Threads it’s like the corporatocracy is trying to crush and/or consume independent social media.
Go ahead and buy. Shares generally tank pretty quick after IPO for companies that don’t actually make anything, the dot bust ensured that. Only time will tell if Reddit shares improve or flounder around not going anywhere. An additional thought - Reddit would do well to do things like get rid of old.reddit, go after ad blockers, and maybe implement a “verified” fee program like Xwitter to boost their stock potential. And also ensure I’ll never return.