Reddit is going public via the IPO route. Last year, the CEO got $193 million, but moderators are not paid and expected to work free past IPO. Only some moderators and active users in the USA can apply for Reddit's initial public offering to buy stock at a special price. Most Reddit users are motivated by fake karma points and likes. Also, they banned almost all unofficial Reddit mobile clients. Meanwhile, the CEO profits while everyone provides free labor.
Until last year, Reddit used to encourage many users to guilt-tripping them to buy their gold coins. Now we know who got paid with those gold coins. It was for the CEO's exorbitant salary. Lmao. I even brought some coins out of that guilt trip. I feel like a sucker . LOL.
You can't browse NSFW subreddits without logging into your account. On Reddit, users share their adult content for free, while the CEO and management team benefit from the platform. This is why federated social media is important. One corporation should not have too much power to dictate how and what we are allowed to view without an account.
I really hope Reddit burns down. The CEO is a real POS who refuses to pay wages to Reddit moderators while taking $193 million salary per year. Even past IPO Reddit is not going to pay any money to moderators.
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So what you're saying is, you don't have a business.
You have a bunch of venture funded criminals looking to eventually sucker teacher pension funds and other investors with an IPO and laugh all the way to the bank.
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Polly and Elizabeth during their IGP1 Obedience routine
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Diversifying Your Investments: A Guide to Balancing Midcap and SIP (Systematic Investment Plan) Mutual Funds
Many investors focus their portfolios heavily on large cap stocks while ignoring midcap and small cap companies. However, diversifying your holdings across market capitalizations can provide greater growth opportunities and balance risk. Combining midcap funds with an SIP mutual fund (Systematic Investment Plan) allows you to spread your assets efficiently.
Midcap mutual funds invest in mid-sized companies that offer higher growth potential than large caps that are already well established. Though midcaps carry higher volatility, the long-term growth can outweigh short-term fluctuations. A well-managed midcap fund invested in over 50 companies can mitigate the risk through diversification. Midcap funds have delivered nearly 14% annual returns over the last decade, outperforming large cap funds.
Rather than trying to hand-pick midcap stocks, investing through a mutual fund scheme allows you to gain exposure managed by an experienced fund manager. They can identify fast-growing companies across sectors before they gain wider attention. A SIP plan spreads your investment out steadily in the fund through small periodic contributions rather than a lump sum. This lets you take advantage of rupee cost averaging and reduces the impact of market ups and downs.
SIP plans start with minimal amounts like ₹500 per month so you can begin without a large capital pool. The enforced saving discipline will help you accumulate a corpus over time without worrying about market timing. SIP instalments can be automated directly from your account, making investing completely hassle-free. As your savings grow, you can increase the SIP amount.
A prudent approach is to allocate about 30% of your portfolio to midcap funds through SIP, with the balance in large cap funds. This allows you to benefit from midcap growth while limiting risk through diversification. Avoid investing in just one midcap fund. Spread your investment across 2-3 funds from different fund houses to diversify fund manager risk.
Review and rebalance your portfolio at least annually to maintain your target allocation. As your midcap funds grow, part of those gains can be booked periodically and shifted to large cap funds. This ensures you lock in some gains and maintain your original asset allocation.
Rather than chasing the hot new IPO or small caps, a disciplined SIP plan in diversified midcap funds can help grow your wealth steadily. Focus on long term metrics like rolling returns rather than short term NAV changes. With patience and consistency, your SIP portfolio will reap the benefits of midcap investing.
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Top Unlisted Stocks to Watch and Consider for August Investments! 📈🔍
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Leveraging synergies with analyst relations
B2B marketers had a challenging FY23, and FY24 looks challenging. Marketing communications budgets have been under pressure, and analyst relations budgets are increasingly diverted into spending with analyst firms. As a result, analyst relations people have been forced to do more with less, and struggle to fill vacancies. As one of the ten biggest marketing communications companies in the UK…
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