Reddit on Wednesday announced that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission to go public.
I disagree. This issue applies to advertisers, who don’t want their brand shown along side questionable content, but investors don’t care. Investors only care about profitability and growth potential.
Kinda surprised they’re going public with all the toxic subs they still run. So many subs named “master race” etc. Investors will have questions.
All of those are jokes of some kind, I think? Like PCMasterrace.
That’s what I’m trying to say. All of that has to be ‘explained’ to shareholders.
Meanwhile actual hate subs will go unnoticed while reddit shuts down pcmasterrace to get a higher IPO
I disagree. This issue applies to advertisers, who don’t want their brand shown along side questionable content, but investors don’t care. Investors only care about profitability and growth potential.