If they were just talking about Reddit, I’d assume something dodgy was going on connected with the IPO. But Quora is supposedly back from the dead too… Am I missing something glaringly obvious here?
Simplest explanation is that the general public doesn’t give a shit and while Facebook is on the downturn (not sure if numbers can back that up) people need to go somewhere else. Maybe that is reddit right now, they got the marketing and content to get people on it.
I’d like to hear that crapbook is going downhill, but its share price says otherwise
Enron’s share price was very high right up until the end, too. Share price is not necessarily a good indicator of underlying fundamentals
Stock price isn’t a representation of the current value of a company, it’s the projected value of a company down the line.
