this post was submitted on 20 Mar 2024
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Get your shorts ready, this will be very interesting to follow. Seems like the stock will appear tomorrow already?

I fully expect a nosedive in stock price but who knows. Maybe a pump and dump.

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[–] rambaroo@lemmynsfw.com 4 points 8 months ago (1 children)

Source? All the ones I can find say they're still losing money. 800M in revenue but 940M in expenses for 2023. https://www.marketwatch.com/amp/story/reddits-ipo-raises-questions-about-profitability-heres-how-it-makes-money-01f73f04

[–] Cogency@lemmy.world 4 points 8 months ago* (last edited 8 months ago) (1 children)
[–] admin@lemmy.my-box.dev 2 points 8 months ago

According to that link, his salary was "only" half a million. Or does he get 193 million in stock each year?