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Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO
(www.theinformation.com)
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this post was submitted on 26 Dec 2023
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Purely as an investor: if they can sustain that revenue growth the IPO will be a smash.
Never invest in companies you love or you won’t exit when you should.
A previous employer gave shares to anyone that stayed 5 years after their IPO. I bought some more through their employee discounted buying program. The share price is less than half what they opened with.
I loathe the company and the people who run it because they are psychopaths that will not take no for an answer. That's also why I never plan on selling those shares. They will be successful, and in 30 years when they are ruthless industry leading monopolistic psychopaths, and those shares have split a few times, I'm going to have a nice little nest egg.