India
4h
500
What do vegetarian Indians eat for protein?
Tech Industry
Yesterday
665
Database companies that pay well for Staff SWE
Tech Industry
10h
691
Offer evaluation: Amazon or Broadcom
Ask Blinders
Yesterday
845
Why is our country owned by Israel? I don't want my tax dollars fund genocide. How can we stop this nonsense?
Tech Industry
Yesterday
462
Bitcoin is the only possible future
The stock is projected to 3x within the next month, can’t wait to see everyone’s gains from working there
🤣🤣🤣
If you think it is 3x, can you show me your holding position?
Kids believing everything they read on the internet
Do you mean, Reddit gonna wild?
Lol 3x would put it worth as much as Snap but Reddit has the same monetization problems as Snap and only makes 1/5 the revenue Snap does...
This☝️. And Snap is at least pursuing new lines of business. Not sure what Reddit is doing.
Reddit has the ability to influence millions of people of all age groups, most importantly ages 20-30 which includes early voters. Mega corporations can’t easily launch a marketing campaign on Snap vs Reddit The front page algorithm isn’t even ruled by upvotes anymore, so I’d imagine many companies would pay for front page rankings
Up 55% already!!!!
Lmao almost all the Reddit people got fucked except the early folks. Reddit IPOd at 34, and many of the people received shares priced at like $66. If that’s not an assfucking, idk what you think one looks like. Especially as I expect many of them are “locked in” for six months after IPO, and the shares to end up around $20/share as the market realizes Reddit isn’t remotely close to making any kind of money and their user base isn’t exactly exponentially growing. The best case scenario is one where those folks are getting their shares at the valuation they were told when they signed up, and that’s still a giant loss because most startups will price equity assuming future multiples. You might get like a couple hundred grand for like many years of your life, and again, that’s the best case scenario. Any other company these folks could have worked for publicly would give them that kind of money *per year*.
Lol 3x
Meanwhile you could had bought the SQQQ puts and made 2x this morning. 3x is nothing.
Hindsight is always 20 20