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Sad to see Reddit go (lemmy.world)

submitted 3 years ago by hotdog@lemmy.world to c/lemmyworld@lemmy.world

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I wish there was an alternative to leaving Reddit

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[-] nodsocket@lemmy.world 9 points 3 years ago

I wonder if there will be a massive short of Reddit's stock, like what happened with GME.

[-] lanbanger@lemmy.world 12 points 3 years ago

I will be shorting the hell out of any IPO, assuming one even happens at this point.

[-] 3nt3r@lemmy.world 11 points 3 years ago

If reddit does IPO I 100% for sure am buying puts. Only enough to the point if I lose the money it wont hurt me but enough money that if reddit tanks I can make a decent chunk if change.

[-] nodsocket@lemmy.world 5 points 3 years ago

Once the consequences sink in for ruining Reddit's engagement to get a better valuation, the stock price will tumble. I think it's a terrific opportunity for some puts.

[-] CannaVet@lemmy.world 6 points 3 years ago

I think it'll go up at first because they'll convince people all the whiners are 'just' superusers that make up 2% of the site, then tank when they realize that 2% is 50% of content and moderation.