This is one of the more scathing pieces to come out on Ars about Reddit. As the site did not respond to inquiries, all that was available to report on was profoundly negative statements that Advance is unlikely to enjoy seeing.
This is one of the more scathing pieces to come out on Ars about Reddit. As the site did not respond to inquiries, all that was available to report on was profoundly negative statements that Advance is unlikely to enjoy seeing.
Gross, no thanks. The whole point of the IPO is so Huffman and all the other schmucks there with piles of equity can finally get their big pay day. Fuck the lot of them.
Yeah the fact they’re deliberately targeting individual investors instead of institutional investors kind of underscores that this is a cashout.
I.P.O. = come hold our bags 💼
Just look at the 5-year chart of Robin(the)hood $HOOD for a succinct preview
They’re literally going to suck as much money off these schmucks as they can: First by selling their ‘content’ to AI, and then by just letting them give them money for shares that will pitfall.