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ToddHoward Fus/Ro/Dah Buy Skyrim again  1mo ago (cnbc.com) 922 thread views #257140

Reddit shares plunge almost 25% in two days, finish the week below first day close

https://www.cnbc.com/2024/03/28/reddit-shares-on-a-two-day-tumble-after-post-ipo-high.html

https://i.rdrama.net/images/17116576760663443.webp

:marseywallst:

https://i.rdrama.net/images/17116577295293205.webp

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Still way above the IPO value.

I'm confused how it has an $8B valuation. I'd think it would have a, like, $10M valuation. Those butthole ads really making them money? I thought they were, like, 80 years from being profitable. I just really don't understand any of this lol

What is their sector? Who are their competitors? Wtf even is Reddit the Business? How in the frick do they keep the lights on?

Don't forget to turn off signatures in settings!

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Unironically users = money in valuation. The assumption post 2000 is somehow, eventually, you will be able to extract X dollars/user

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The assumption post 2000 is somehow, eventually, you will be able to extract X dollars/user

Just because it has never happened doesn't mean it won't come good eventually! Come on horsey run fast!

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Blame Dot com boom

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