A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

  • aidan@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    7 months ago

    from a wealthy family office with nothing but a phone call (basically how most angel investments work).

    Again, like I said, it’s because it’s assumed that they have a direct connection to you to ask about the company and make decisions.