850
Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years
(www.forbes.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 28 Feb 2024
850 points (97.6% liked)
Technology
60130 readers
2751 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
Yeah, this IPO will probably go just fine and a bunch of wankers will make a bunch of money. That's what it's all about, after all.
And where does that money come from?
Honest question, I hate finances.
Mostly from small people either tricked into buying the "new bitcoin/Nvidia/apple/... before it's to late or dumb people hyped by other dumb people into buying it. And if enough small people invested and the stock rises the big player collect the profit.
Yeah that was my expectation ... Thanks for the explanation
Wait for dat citation... before accepting that rationalization
Yea, no I don't have time for anything besides confirmation bias