this post was submitted on 27 Jun 2023
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Memes

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First ever meme...

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[–] HiddenLayer5@lemmy.ml 2 points 1 year ago

And it will most likely succeed. People don't invest in corporate stocks to help a company grow or maintain its position long term. They want to invest, get a good return, and cash out. Reddit is projected to continue growing at least in the near future, and that's good enough.

The only thing we can hope for is a bubble and they lose it all.