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Monthly random discussion - Feb 2024
(lemmy.world)
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Just got an email from Reddit (being an ex-mod and all) that we get a chance to buy stock at the same price as institutional investors. Yun nga lang it's only available to US residents.
I mean I hate Spez and all but if there's one thing I learned from the blackouts, people (the backbone of what makes Reddit great) will continue to go and post there. So if this was an option for us, I'd definitely invest lalo na if the IPO is cheap.
I think their stock will go up once Spez eventually sells it to some conglomerate who will then maximize ads and squeeze every potential dollar out of it. Ngayon pa nga lang he's already making moves by selling Reddit content to an AI company. Wag nga lang si Elon bibili, lmao.
lol, nakakuha na rin ako kahit di ako mod. Di ko lang alam if dahil di maganda ang reception ng offer sa mods o kung plano talaga nila ito.