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Reddit IPO
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So this may not be the sub for this, but I've grown to trust the opinions of some in here so I figured this is as good a place as any to ask...

What do you think of Reddit going public on Thursday? There are two sides to this question.

A.) Do you think it's a good investment to jump in on at the open? I believe there are some strange stipulations that the inside holders do not have a lockup period like most IPOs which could trigger a selloff, and mute any opening day gains.

B.) As a redditor (user) do you like the idea or think it'll be bad for the soul of the platform? I worry being beholden to shareholders will push everything to revenue generation, more intrusive ads and less autonomy and freedom of speech.

Thanks for your opinions and for those in the Northern hemisphere, happy spring equinox! 🌱

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10 months ago