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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock. (www.theverge.com)

submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world

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A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

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[–] ghterve@lemmy.world 2 points 8 months ago (1 children)

I'm not sure that conclusion follows. There are many more potential future users than there are current users.

[–] ilinamorato@lemmy.world 4 points 8 months ago

That's the logical framing. But if they believed that, they wouldn't call their users a risk factor; they'd be the entire product.