ardi60@reddthat.com to Technology@lemmy.mlEnglish · 1 year agoReddit Advised to Target at Least $5 Billion Valuation in IPOwww.bloomberg.comexternal-linkmessage-square167fedilinkarrow-up1270arrow-down128 cross-posted to: reddit@lemmy.worldtechnology@lemmy.world
arrow-up1242arrow-down1external-linkReddit Advised to Target at Least $5 Billion Valuation in IPOwww.bloomberg.comardi60@reddthat.com to Technology@lemmy.mlEnglish · 1 year agomessage-square167fedilink cross-posted to: reddit@lemmy.worldtechnology@lemmy.world
minus-squareinfinitepcg@lemmy.worldlinkfedilinkarrow-up1·1 year agoIt’s hard to tell how much a platform is worth, arguably the value of Twitter was 44B, since someone was willing to pay that. The good news is, if you’re really certain that Reddit is overvalued, you’ll soon be able to short it and get rich if you end up being right!
minus-squarewintermute_oregon@lemm.eelinkfedilinkarrow-up1arrow-down3·edit-210 days agodeleted by creator
minus-squareinfinitepcg@lemmy.worldlinkfedilinkarrow-up1·1 year agoI think it’s reasonable to not short stocks. I just find it a bit weird to see people confidently proclaim that a company is overvalued, but than not shorting the stock, which would be the rational thing to do.
minus-squarewintermute_oregon@lemm.eelinkfedilinkarrow-up2arrow-down4·edit-210 days agodeleted by creator
It’s hard to tell how much a platform is worth, arguably the value of Twitter was 44B, since someone was willing to pay that.
The good news is, if you’re really certain that Reddit is overvalued, you’ll soon be able to short it and get rich if you end up being right!
deleted by creator
I think it’s reasonable to not short stocks. I just find it a bit weird to see people confidently proclaim that a company is overvalued, but than not shorting the stock, which would be the rational thing to do.
deleted by creator