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Reddit cites r/WallStreetBets as a risk factor in its IPO filing (techcrunch.com)

submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Reddit cites r/WallStreetBets as a risk factor in its IPO filing::As Reddit finally files to go public, the company wrote in its S-1 filing that "meme stock" schemes on r/WallStreetBets could pose a risk to investors.

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[–] TakiMinase 75 points 7 months ago (2 children)

Let the censorship and banning waves intensify, watch as the porn is purged. Ogle as the platform slides slowly into irrelevance.

[–] cyberpunk007@lemmy.ca 27 points 7 months ago (1 children)

Taking a digg at reddits strategies, are we?

[–] CobblerScholar@lemmy.world 16 points 7 months ago (1 children)

Bout to take a Tumblr for sure

[–] littlecolt@lemm.ee 14 points 7 months ago (1 children)

Hopefully not into my space here.

[–] Nfamwap@lemmy.world 10 points 7 months ago

Lemmy see how this all plays out

[–] Hamartiogonic@sopuli.xyz 4 points 7 months ago

All the ingredients are there. All we need is a bit of competition from other platforms and Reddit can join the club with all the other dead platforms like myspace, digg and tumblr.

As mastodon is beginning to seriously compete with Xitter, maybe Lemmy can also contribute to the downfall of Reddit.