Reddit seeks to launch IPO in March

Fuck Reddit. Scumbags.

RIP Aaron.

When can we start shorting the stock? /s

Well we have 6 weeks to prepare for the next mass exodus lads and lassies

Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian, Reddit became best known for its niche discussion groups and its users voting "up" or "down" on the content posted by other members.

I appreciate this extremely sly shade at Steve Huffman.

He's not an entreprenuer because he didn't do dick between leaving Reddit and coming back to Reddit whereas Ohanian had a few other companies in his back pocket.

I mean, Ohanian sucks, too, but this sentence is just Reuters kicking dirt in Steve Huffman's smarmy little bitch face and I'm fucking here for it.

Oh good, some breathing room to finish Voyager's new onboarding flow

Founded in 2005 by web developer Steve Huffman and entrepreneur Alexis Ohanian, Reddit became best known for its niche discussion groups and its users voting "up" or "down" on the content posted by other members.

Disgraceful, disgusting, lying scum. Say his name: Aaron Swartz

Goodness I hope the gamestop nerds find a way to absolutely destroy this. If there is any chance of a scheme working, I will invest.

Seems like a terrible investment, I can’t see what they can possibly do to add value. Everybody who wants to use Reddit is already on it and anything they do to try and milk it will just lose them users.

Cool. That'll be a fun trainwreck to watch.

Ooh, I can finally short!

Contrary to many in here, I don't think this will cause another exodus from reddit. those who might be concerned by this have already left or reduced their time on the platform

I’d expect another big exodus around then.

I've never bought options before, but I'm in for 10grand and shorting the shit out of this.

I'm curious how they will tank their worth by then, as is tradition.

Easiest short of my life.

Wouldn't be surprised to see lemmy activity spike in March. Probably not as big as during the API debacle, but still.

... And so it begins...

Is it even worth anything to investors anymore at this point? Huffman kind of destroyed any faith anyone had in Reddit, seems like it's just going to slowly turn into an ad distribution service to scam people who don't know any better lol

I hope the STONKS Apes are ready...

Hope we see some more migration. Lemmy is miniscule in comparison, with 60,000 active users by last count across all instances.

Heck, even /r/mildyinteresting has 220,000 users and that isn't even the main subreddit, it's a misspelled version of /r/mildlyinteresting.

Can someone tell me what IPO is, and act like I'm not an idiot XD

The offering would also test the willingness of some Reddit users to back the company's stock market debut. Many investors posting on the platform have helped fuel dozens of "meme" stock rallies in the last three years.

Whatever nonsense the're implying here is twisted and awefull. Like they owe it to the platform?

Good luck Mr. Gorsky

They're still trying to do that?!

When can I buy puts?

Isn't this just a business article?

What if Musk buys the front page of the internet. There are some interesting Pro's and Cons Edit: interesting doesn't mean good