Reddit is heading to the stock market with a passionate community, an advertising-heavy business model, and a long history of moderation fights. Going public will only make all of that more visible.
This analysis was first published in SvD Näringsliv, in Swedish, on February 4th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. Live streamed portfolio analysis. Derivatives as entertainment. The Wall Street Bets forum represents a new generation of stock traders who have borrowed their influences from the computer game world. At the same time as the hedge funds was tearing their hair over extreme losses in Gamestop, […]
This analysis was first published in SvD Näringsliv, in Swedish, on January 28th, 2021. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. First the Capitol was stormed by users from internet forums. Now it’s Wall Street’s turn. The Gamestop story is a perfect storm of pent-up anger and risky financial instruments that are now traded at the touch of a button. In the early 2000s, the American journalist […]
