this post was submitted on 28 Mar 2024
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[–] [email protected] 65 points 8 months ago* (last edited 8 months ago) (2 children)

Shares "dove" to $50, which is still about $49 too high

[–] [email protected] 42 points 8 months ago

Anything that keeps them listed on the exchange is too high honestly

[–] [email protected] 18 points 8 months ago (2 children)

If you want to have a laugh at how ridiculous the whole market is, Trump's Truth Social just IPOed and has the same market cap as Reddit even though it's much smaller and full of insane people.

[–] [email protected] 18 points 8 months ago (1 children)

To be fair, Truth Social has a userbase who have proudly declared that they are rubes ripe for further grift.

[–] [email protected] 2 points 8 months ago (1 children)

So... It's more or less the same as Reddit, but with way, way, way less users and post history.

[–] [email protected] 2 points 8 months ago

I wonder what the ratio of asblock users are between the two websites.

[–] [email protected] 4 points 8 months ago* (last edited 8 months ago) (1 children)

What!?

Of course it should be valued that high!

Totally good indicators of

Estimated 5million total users

3.5m revenues

49m operating expenses

Worth it!

/Sarcasm

[–] [email protected] 1 points 8 months ago (1 children)

How much would you pay to correct the record?