• jayandp@sh.itjust.works
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    3 年前

    I really hope the IPO bombs just to spite all the people, including Spez, that drove Reddit into the ground.

    • MerliSYD@lemmy.one
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      3 年前

      The problem is that if the IPO bombs, it’s the public investors that will lose money, as fuck u/spez and other shareholders will have dumped their steaming pile of shit shares onto the market from the start to reduce their shareholding and cash in.

      • givesomefucks@lemmy.world
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        3 年前

        When people say that, they don’t mean they hope it bombs after the IPO…

        They mean they hope It bombs before the sale so Huffman and the others with a stake don’t make much money

        Anyone that buys the stock after the IPO would get a lower price.