A lot of Redditors hate the Reddit IPO
www.theverge.com
“Yea I’m not buying. But I will be watching it tank.”

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.

  • ghterve@lemmy.worldEnglish
    2·
    10 months ago

    I’m not sure that conclusion follows. There are many more potential future users than there are current users.

    • ilinamorato@lemmy.worldEnglish
      4·
      10 months ago

      That’s the logical framing. But if they believed that, they wouldn’t call their users a risk factor; they’d be the entire product.