Technology

59269 readers

4007 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

354

Reddit’s IPO Filing Shows Lots Of Losses After Nearly 20 Years (www.forbes.com)

submitted 8 months ago by Clbull@lemmy.world to c/technology@lemmy.world

171 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] butterflyattack@lemmy.world 7 points 8 months ago (1 children)

Yeah, this IPO will probably go just fine and a bunch of wankers will make a bunch of money. That's what it's all about, after all.

[–] WallEx@feddit.de 1 points 8 months ago (1 children)

And where does that money come from?

Honest question, I hate finances.

[–] Yrt@feddit.de 5 points 8 months ago* (last edited 8 months ago)

Mostly from small people either tricked into buying the "new bitcoin/Nvidia/apple/... before it's to late or dumb people hyped by other dumb people into buying it. And if enough small people invested and the stock rises the big player collect the profit.