RedditWanderer comments on Reddit Advised to Target at Least $5 Billion Valuation in IPO

this post was submitted on 29 Jan 2024

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Reddit Advised to Target at Least $5 Billion Valuation in IPO (www.bloomberg.com)

submitted 2 years ago by ardi60@reddthat.com to c/reddit@lemmy.world

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[–] RedditWanderer@lemmy.world 57 points 2 years ago (1 child)

I can't believe this idiots still on reddit believe it's "their community" in a publically traded company.

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[–] someguy3@lemmy.world 32 points 2 years ago (1 child)

I think they'll start to realize when Reddit starts posting quarterly profits/losses and we hear about spez's fat paychecks.

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[–] empireOfLove2@lemmy.dbzer0.com 35 points 2 years ago* (last edited 2 years ago)

They'll post continuous losses like every social media tech company, and then the users will really begin to feel the screws tighten so far they won't be able to breathe anymore.

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