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Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years(www.forbes.com)

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Clbull@lemmy.world
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butterflyattack@lemmy.world
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Yeah, this IPO will probably go just fine and a bunch of wankers will make a bunch of money. That’s what it’s all about, after all.

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WallEx@feddit.de
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And where does that money come from?

Honest question, I hate finances.

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Yrt@feddit.de
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Mostly from small people either tricked into buying the "new bitcoin/Nvidia/apple/… before it’s to late or dumb people hyped by other dumb people into buying it. And if enough small people invested and the stock rises the big player collect the profit.

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WallEx@feddit.de
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Yeah that was my expectation … Thanks for the explanation

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