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[–]d3rr 11 insightful - 5 fun11 insightful - 4 fun12 insightful - 5 fun -  (3 children)

Their IPO is gonna go so bad, day 2 will be the slaughter

[–]Yhvr 6 insightful - 1 fun6 insightful - 0 fun7 insightful - 1 fun -  (2 children)

IPO

What does that mean?

[–]flow 8 insightful - 1 fun8 insightful - 0 fun9 insightful - 1 fun -  (1 child)

Initial Public Offering. Basically, reddit wants to sell its shares on a stock market to raise money. https://en.m.wikipedia.org/wiki/

[–]sameasmyvoat 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

It barely worth anything though for a nation like China/Tencent. America is in debt to them trillions.