Hacker News Reader

Maybe I am missing something about IPOs here, but if Reddit’s valuation is way off because it was before the correction, wouldn’t it be easy to argue your low ball offer is the real value?

Even if they IPO, wouldn’t the stock immediately crash if it’s overvalued?

View on HN

> Even if they IPO, wouldn’t the stock immediately crash if it’s overvalued?

Yes, this is effectively guaranteed at this point. The hope of the investors is presumably that they will be able to sell fast and early.

To whom though? Not even WSB will be touching those shares.

Reply on news.ycombinator.com