#wallstreetbets

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www.fastcompany.com
4 weeks ago
Startup companies

Reddit's WallStreetBets weighs in on the company's IPO, as the stock pops in early trading

Reddit's IPO gained over 60% upon opening at $47, reaching $55.
Reddit warned investors of volatility due to factors like lack of profitability and WSB community influence. [ more ]
www.fastcompany.com
1 month ago
Startup companies

Reddit reportedly plans to offer a big chunk' of its IPO shares to its most avid users

Reddit plans to reserve IPO shares for active users, potentially allowing them to make significant profits.
Incorporating users into the IPO process is a strategy Reddit's CEO has supported for a while. [ more ]
Mashable
1 year ago
Startup companies

Reddit is still planning to go public later this year

A literal meme stock may soon be on the way.Reddit, the popular social sharing platform, has plans to go public later this year, according to a report(Opens in a new tab) in The Information.Back in late 2021, Reddit first started making moves to file for an IPO at a $15 billion valuation.However, many factors - among them the fluctuating markets, inflation, high interest rates, and a downturn specifically among tech stocks - put Reddit's aspirations to go public on hold in 2022.
Coindesk
11 months ago
Cryptocurrency

'WallStreetBets' Themed Tokens Plummets 90% as Insider Dumps Treasury Holdings

Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.WallStreetBets (WSB) token, which is linked to the popular WallStreetBets subreddit, has dropped 90% in the past 24 hours after an insider closely connected to the project dumped a large amount of WSB.
Exchangewire
1 year ago
Marketing tech

Digital Video to Surpass Linear TV in US; EU Prepares to Probe Amazon-iRobot Deal

In today's ExchangeWire news digest: digital video content is set to overtake linear TV in the US; EU regulators prepare to investigate Amazon's purchase of Roomba-maker iRobot Corp.; and Reddit faces legal action from the founder of WallStreetBets.Netflix, YouTube to overtake linear TV
A report from Insider Intelligence has forecast that US adults will spend more time watching content on platforms like Netflix, TikTok, and YouTube than on traditional TV.
Patently-O
1 year ago
Intellectual property law

Subreddit Drama

Reddit: Anyone can start a subreddit, and back in 2012 Jaime Rogozinski started r/WallStreetBets.Over the years, the site attracted millions of subscribers talking about aggressive trading strategies; providing middle-school humor; and pumping-up various stocks (e.g., GameStop).In 2020, Reddit removed Rogozinski from his role controlling the subreddit as moderator, concluding that he was "attempting to monetize a community."
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