Reddit IPO?

With them having a non-traditional issuance, those that are interested potentially have early access via Robinhood and SoFI, so I’m wondering if this absorbs Day 1 retail demand. As for financials, check their S1 for details. They do $1B in rev. I feel user growth & engagement might be more relevant than their dev growth, as they’re still figuring out monetization.

I asked because I don’t want to check the s1 lol! I won’t be buying until the noise settles after ipo lockup. I’d guess they don’t have much room for user growth. So engagement and revenue growth are likely the key levers. Hence the question about rev growth

Haha 😂 - typically you can’t short newly listed stocks; but these user issued shares can be dumped (no holding period).

That's why we said the first chance we get. Companies don't offer direct to consumer stock unless desperate

Yes

I feel like a decent private equity takeover target under a $2B market cap…

Bingo