Who cares, we’re leaving an economy where no one cared about profitability. Just growth. It’s all about whether they can capitalize on that growth now.

Spotify was the same. Turned a profit the first quarter after shifting the focus towards profitability.

I’ve never seen the view of an IPO so heavily affected by bias. Superusers hate Reddit but so what - what matters is whether soccer moms are scrolling and being shown ads. No one cares that the most costly users are unsatisfied. You and me both are nothing to investors.

Is there some objective analysis of this IPO? All I’m seeing is “I’m a superuser who spent a lot of time on Reddit in 2007 and it was far superior back then. The stock will tank.”