Go ahead and buy. Shares generally tank pretty quick after IPO for companies that don’t actually make anything, the dot bust ensured that. Only time will tell if Reddit shares improve or flounder around not going anywhere. An additional thought - Reddit would do well to do things like get rid of old.reddit, go after ad blockers, and maybe implement a “verified” fee program like Xwitter to boost their stock potential. And also ensure I’ll never return.
Go ahead and buy. Shares generally tank pretty quick after IPO for companies that don’t actually make anything, the dot bust ensured that. Only time will tell if Reddit shares improve or flounder around not going anywhere. An additional thought - Reddit would do well to do things like get rid of old.reddit, go after ad blockers, and maybe implement a “verified” fee program like Xwitter to boost their stock potential. And also ensure I’ll never return.