Hopefully for the owners’ sake they manage to finish their IPO before that whole situation explodes.
That just kicks the can. After the IPO there are more owners on the hook if things go critically bad.
This was probably the best-case-scenario Reddit was hoping for.
Except for what happened with Twitter a few months ago.
Hopefully this is sarcasm, because in reality the opposite is true (except for the leaner part).
https://www.nytimes.com/2023/06/05/technology/twitter-ad-sal...
https://www.wsj.com/articles/twitter-is-now-worth-a-third-of...