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Missed this thread when I posted mine. Some highlights:

Spez made $200 million last year.

https://i.rdrama.net/images/17086397618599827.webp

Moderators

Communities are created and led by Redditors who we call moderators, volunteers who are motivated by their passion for a given topic or idea. Moderators are not employees of Reddit. They set the tone for their communities by defining a purpose, creating rules, starting conversations, and keeping conversations on topic while abiding by our Moderator Code of Conduct. Most communities have teams of moderators that work together to keep their communities organized and focused. In December 2023, we had an average of over 60,000 daily active moderators. Any Redditor can become a moderator either by joining an existing moderation team for a community they are a part of, or by starting a new community.

Spent $438 million on R&D.

https://i.rdrama.net/images/17086397619790843.webp

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Spent $438 million on R&D

BIPOC how? What were they researching? A new jet fighter?

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I haven't looked at these numbers but software engineers are often listed as 'R&D' for tax purposes

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>developers do development

fricking accountants and their confusing terminology, man

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People get really hung up on the research part :marseyshrug:

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All new features and products are R&D, a lot of my work is logged as R&D. I assume Reddit has similar practices

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Probably has something to do with them laying off like 40% of their staff towards the end of last year.

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Ah the going public grift.

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He got paid more in 2023 than the entire Executive Officer Team of Facebook/Meta got paid in 2022 combined

https://i.rdrama.net/images/17086443118346026.webp https://i.rdrama.net/images/1708644312058428.webp

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TBF the FB fricks get paid in Meta stock because meta stock is actually valuable.

redditman has too be paid in real money because there is no reddit stonkz too pay him with (yet)

black trans lives matter

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Its cut off from the image, but the overwhelming majority of Huffman's compensation is the form of Stock Options and Stock Awards

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Oooh, I hope he loses big. :!marseydance:

black trans lives matter

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link plz

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To huffmans compensation or meta executive compensation?

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Spent $438 million on R&D.

That's how much it costs to still not make a functional video player? TIL


https://i.rdrama.net/images/17187151446911044.webp https://i.rdrama.net/images/17093267613293715.webp https://i.rdrama.net/images/17177781034384797.webp

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That's the most baffling thing about Reddit and the biggest reason why I feel like they have to fail. They're an internet company that is famously awful at basic internet things. They spend hundreds of millions of dollars to employ people who repeatedly make abject failures.

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network effects, too big to fail

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It was just a design document for the video player meeting agenda, silly!

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What the everliving frick can reddit be researching?

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maybe they want to become a blockchain powered generative AI company

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tard wrangling

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Oh so they never make a profit because leadership is r-slurred, would be smart to cut “””””r&d””””” after going public, announce your profitable and have shares moon.

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If tanking the stock doesn't become the site project everyone here is a strag :marseyplanecrash:

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God yes.

We need too make two separate projects:

  • One targeted to leftoids and journos highlighting /r/jailbait and all the -isms that SRS hated.

  • One targeted to rightoids and highlighting the crackdown on /r/TheDonald and other rightoid subs.

Basically, make sure that BOF SIDES hate reddit and dump the stonk.

black trans lives matter and black trans folx want reddit stonk to go down :marseychartdowntrend:

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Also spreading all that shit to twitter and journoids. When money's on the line theyll suddenly be interested.

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Absolutely. We can even bring mock up a nice timeline where we can talk about the founding of /r/jailbait, /r/fatpeoplehate, and /r/superstraight.

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Wait for opening day so I can buy puts first

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yeah, until then: pump it :bogged:

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Plzno I plan to buy stock lmao

Plz don't bankrupt me I will rope

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why?

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The SEC page tells investors that /r/Wallstreetbets is a risk to the stock lmaoo

In 2021, the market prices and trading volumes of certain securities, such as GameStop Corp., AMC Entertainment Holdings, Inc., and other “meme” stocks, experienced extreme volatility. The rapid and substantial increases or decreases in the market prices of “meme” stocks may be unrelated to the respective issuer's operating performance or macroeconomic or industry fundamentals, and the substantial increases may be significantly inconsistent with the risks and uncertainties that the issuer faces. This volatility has been attributed, in part, to strong and atypical retail investor interest, including as may be expressed on financial trading and other social media sites and online forums such as r/ wallstreetbets, one of our subreddits. Given the broad awareness and brand recognition of Reddit, including as a result of the popularity of r/ wallstreetbets among retail investors, and the direct access by retail investors to broadly available trading platforms, the market price and trading volume of our Class A common stock could experience extreme volatility for reasons unrelated to our underlying business or macroeconomic or industry fundamentals, which could cause you to lose all or part of your investment if you are unable to sell your shares at or above the initial offering price.

WSB reacts:

https://old.reddit.com/r/wallstreetbets/comments/1axierv/reddit_lists_wsb_as_a_risk_factor_for_its_ipo/

https://old.reddit.com/r/wallstreetbets/comments/1axik5t/reddit_lists_wallstreetbets_as_a_risk_factor_in/

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Im so tempted to throw a few grand at this and see what happens. It could honestly go either way. I assume it just depends what the shitcoin bros over in WSB do.

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What could go wrong? You could be the next rdrama billionaire all from Reddit stock

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financial r-slur here, is it possible to bet on its value dropping, like “shorting” or whatever

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you can probably short it directly but your losses are infinite so be careful :)

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Wrong, can only lose to bankruptcy

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You should invest your life savings then :)

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Already invested it in something better (crippling alcoholism)

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you could, but if reddit :marseysnoo: stock :marseywallst: skyrockets~~~ :marseypills:

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Usually have to wait around a month.

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probably better to buy puts.

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says to buy puts, to a financial r-slur

gg

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:marseydisconcerting: ape together strong

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https://media1.tenor.com/m/hRxU7RYOlMkAAAAC/breaking-bad-chemistry.gif

>Reddit spending half a bil to develop the shittiest user interface known to man

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What are everyone's predictions?

:marseyfortuneteller:

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Spez and other insiders will get paid. Retail r-slurs will lose their shirts.

black trans lives matter

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I just don't understand what reddits marketing value is, I guess it's just info on users by their IP address? It does directly show their interests. I'm kind of an r-slur so that's pretty much all I can assume

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@Grue @HeyMoon @A can we get a goomble thread?

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:marseysalat: spez goes bankrupt and livestreams his suicide on wpd :praiseallah:

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:marseyinshallah:

Along with the power-jannies inshallah.

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@carpathianfriendly we need a betting thread for this

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From 'risk factors':

>We saw increased growth in our user base in the three months ended December 31, 2023, which may have been driven in part by performance improvements in our product and possibly by migration of usage from certain third-party applications in response too changes in our application program interface (“API”) terms and policies. Such growth may not be sustainable.

kek

>that stupid thing we did to piss off users but make an arbitrary number go up made the number go up. gib money. :marseybeggar:

black trans lives matter more than reddit's S-1 disclosures.

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100k+ active communities

It would be a shame if journ*lists were told what many of these communities were deditated to :marseycoomer2genocide:

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I'm short

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https://media.giphy.com/media/UDGKJdRBbLmGA/giphy.webp

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subscribe for more hot tips weeks in advance of jo*rno scum

https://rdrama.net/post/241117/how-is-reddit-staying-afloat-when/5835937#context

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Steve is going to 100x his salary with his stock

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volunteers who are motivated by their passion for a given topic or idea.

You talmbout identity politics, b?

Yeah.

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Not if I can help it :marseyishygddt:


Current hyperfixation: https://i.rdrama.net/images/17146091388618665.webp

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https://blog.google/inside-google/company-announcements/expanded-reddit-partnership/

Trans lives matter

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Sweet wind, beauty too delicate to hear
She softly speaks among whispering leaves
Silent but strikingly turning my ear
To shooting stars' songs, her summer night breeze

Dark horizon, beauty beyond my sight
Nature at night, so serene in her freeze
Icicles cry as her fires alight
Dance in the sky with her elegant ease

Wild she-wolf, beauty unleashed and unknown
Who howls along sounds of the fallen tree
Witnessing wildflowers blooming alone
What only she hears, should only she see

Her radiance belies my screen
My muted muse, the Drama Queen

Snapshots:

/r/stocks:

https://old.reddit.com/r/stocks/comments/1axgrww/reddit_files_to_list_ipo_on_nyse_under_the_ticker/:

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