A lot of Redditors hate the Reddit IPO
www.theverge.com
“Yea I’m not buying. But I will be watching it tank.”

A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

  • piyuv@lemmy.worldEnglish
    71·
    9 months ago

    Almost always executive compensation is partly stock. That doesn’t change the fact that he was compensated that much. You can’t say Elon Musk isn’t worth 200b$ because it’s not liquid.

    • Buddahriffic@lemmy.worldEnglish
      2·
      9 months ago

      I mean, you could say that because it’s just an estimate of what his assets are worth using the current valuations of his holdings. It’s more of a statistical average of what he could be worth then a concrete value. You can’t know the actual value unless someone makes an offer and it’s accepted. If he’s feeling pressure to sell, it will be lower than that. If he isn’t, it will be higher than that.

      • piyuv@lemmy.worldEnglish
        3·
        9 months ago

        Whole Wall Street is built upon this “estimation” idea. No reason to nitpick about it when it comes to executive compensation.