@jeze to Technology@lemmy.worldEnglish • 2 months agoReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.commessage-square145arrow-up1395arrow-down121
arrow-up1374arrow-down1external-linkReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.com@jeze to Technology@lemmy.worldEnglish • 2 months agomessage-square145
minus-square@merc@sh.itjust.workslinkfedilinkEnglish11•2 months agoIt’s almost certainly going to do well enough that the VCs and insiders will be able to cash out. The founders will be centi-millionaires. But, people who buy in at the IPO price, I wouldn’t be surprised if they lose a lot of money.
minus-square@QuarterSwede@lemmy.worldlinkfedilinkEnglish4•2 months agoI’m not investing because fuck you Spez and wallstreetbets is certainly going to have a field day. I can’t wait for popcorn time.
It’s almost certainly going to do well enough that the VCs and insiders will be able to cash out. The founders will be centi-millionaires. But, people who buy in at the IPO price, I wouldn’t be surprised if they lose a lot of money.
I’m not investing because fuck you Spez and wallstreetbets is certainly going to have a field day. I can’t wait for popcorn time.