With Reddit becoming public, why are the founders creating so much drama around the site? Wouldn't that make their IPO worse?
With Reddit becoming public, why are the founders creating so much drama around the site? Wouldn't that make their IPO worse?
I'm not into investing, so sorry if this doesn't make sense.
With all the drama and news surrounding Reddit recently, why is Reddit making such bad decisions when they are about to go public? With all of their negative decisions they've been making recently, wouldn't all the bad press make their IPO worse? Are they trying to maximaze their profits to make their company seem better to investors when they go public?
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You're assuming that they are behaving rationally. I don't think that figures into the current decision making very much.