Can someone tell me what IPO is, and act like I'm not an idiot XD
this post was submitted on 18 Jan 2024
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They're going to start selling shares of the company on public markets
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(5 replies)
I hope the STONKS Apes are ready...
They will short the fuck out of it. There is literally no way this company can make money without making the product so much worse they will really start bleeding the users they need for revenue. It will explode on launch week and crash two or three weeks later.
Long short, long volatility until it flatlines. Basically free money. Their product is users and their data. If they upset the ecosystem users leave and decrease valuations... leads to layoffs and cost saving measures. Rinse and repeat until sufficiently dead.
The second they're publicly traded layoffs will simply be part of the cycle regardless of stock performance. C-Level must be seen to do SOMETHING to generate profits, or at least try. Regulators suck hard at following up on anything, but you gotta play by the book to keep them from sniffing around.
I'm also fully expecting this to be a case of butchering the pig. Huffman and the other cunts in charge will sell of their shares, make millions and run it into the ground. Much less scrutiny if a publicly traded company evaporates due to bad stock performance than when a private company suddenly disintegrates and the C-Level runs away with all the cash. Blame it on the STONK crowd and you're literally golden.
I'm sure they'll try and make as much money on the way out as possible, but tinfoil: This is the start of the end with a certain degree of intent by those in charge of that fucking company.
Without a doubt. They can't reasonably increase revenue so they need to pad* the books with layoffs. Those will result in the platform rotting out (further) from the inside. That's the long short position. Long volatility while the price bounces around like a coked up jack russel terrier.
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.
I think it's fine. Lemmy was actually nicer with less users. Now it grew a bit and all the trolls also came along. If it becomes huge, it will probably lose most of its charm.
Bigger is actually not better sometimes I think.
I'm happy right now with it. But sure, mostly memes and Linux stuff which I like, so...
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(3 replies)
Good luck Mr. Gorsky
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?
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(2 replies)
I hope a big fail LMAO..
They're still trying to do that?!
When can I buy puts?