this post was submitted on 24 Feb 2024
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Reddit cites r/WallStreetBets as a risk factor in its IPO filing (techcrunch.com)
submitted 8 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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[–] DrCake@lemmy.world 21 points 8 months ago

They care now that interest rates have increased. That’s kinda what the whole “enshitification” and layoffs are all about. Tech companies desperately scrambling to make a profit.