this post was submitted on 28 Mar 2025
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19
Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)
submitted 3 weeks ago by Tea@programming.dev to c/technology@lemmy.world
108 comments fedilink hide all child comments
 

The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

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[–] db2@lemmy.world 4 points 3 weeks ago (3 children)

Gee, that's too bad. It would be a real shame if that piece of human garbage Steve Huffman lost everything. A crying shame.

[–] Cruxifux@feddit.nl 2 points 3 weeks ago (1 children)

I can’t even think of a time in history where someone was a huge piece of shit in America and “lost everything.” Maybe R Kelley, P Diddy, and Bill Cosby? But only for the time they spent in whatever rich guy jail they got to go to and then they were fine.

[–] TheFeatureCreature@lemmy.ca 2 points 3 weeks ago (1 children)

Elizabeth Holmes comes to mind. She manoeuvred herself into a position of wealth and power by defrauding other rich people and got herself 11 years in prison for it. That's 11 years more than most other rich scumbags get.

[–] billiam0202@lemmy.world 3 points 3 weeks ago

And that just goes to show:

The only time rich people are held accountable in the US, is when they fuck with other rich people's money.

[–] ceenote@lemmy.world 2 points 3 weeks ago (2 children)

Sadly I'm sure he already has a golden parachute prepared.

[–] Diplomjodler3@lemmy.world 1 points 3 weeks ago (1 children)

They all cashed out after the IPO. They're probably laughing at the bag holders right now.

[–] namingthingsiseasy@programming.dev 0 points 3 weeks ago (1 children)

There may still be lawsuits, however. There are still many ways that he could lose a lot of what he gained.

[–] TheEighthDoctor@lemmy.zip 0 points 3 weeks ago

I think you mean presidential pardons

[–] SocialMediaRefugee@lemmy.world 1 points 3 weeks ago

He'll cry his way to a trophy home and yacht

[–] brucethemoose@lemmy.world 1 points 3 weeks ago

He will exit filthy rich way before that. That’s the point.