Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price
Reddit Warns That r/WallStreetBets Could Wreak Havoc on Its Stock Price
In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”
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I'm surprised (but not upset) that WSB hasn't set up a dedicated Lemmy server. Surely they must think they've grown big enough to not need reddit anymore.
they've probably got a dIsCOrD sErVEr
I mean, for wallstreetbets that's actually a good fit. It's not like they're creating a knowledge base, it's just an endless stream of memes - exactly what discord was designed for.
There is nothing wrong with this
Why would they? They have a platform in Reddit, and that's a platform that people know. Lemmy is still fairly niche, so unless something happens like WSB getting deleted by the Reddit admins I don't see why they'd bother.
To expand? Gain influence down the road? Diversify?
To expand?
Like adding a deck chair to a mega-yacht.
Gain influence down the road?
Lemmy has no influence. The only thing it tries to influence is moving people to Linux, and that's been going poorly for the better part of two decades...
Diversify?
Without the two above, I don't see the benefit.
I remember something similar being said about reddit back in the day.
I used Reddit alongside Digg, and it was rarely ever as empty as Lemmy.
Many of the niche communities didn't exist, sure, but the big subs were at least 10x larger than the big communities here.