[Reuters BreakingViews] Investors will say “OK Boomer” to aging Reddit
[Reuters BreakingViews] Investors will say “OK Boomer” to aging Reddit
[...] a dearth of profit this late into its existence portends the lack of a real business model, suggesting it’s still not ready for public company life.
You're viewing a single thread.
Thanks for sharing.
But investors then will be buying Reddit on a leap of faith, rather than old-fashioned discipline.
Hopefully they won't
I don’t know many investors but the ones I do know would never take a leap of faith like this. This is almost guaranteed money loss. Maybe Steve is fighting against the 1% in his own way. God bless you Huffman, god bless you.
He wants the money for his doomsday bunker.
It wouldn't surprise me if Reddit's own popular investment sub changes their stance on short selling for this one stock. I'm not sure what it's been like since the exodusish, but when I was still on there the Reddit IPO was treated as a joke.
nah, we already had the dotcom bubble...
We've had one yes. What about second dotcom bubble?
And then some helpings?