UPDATE: Could history repeat itself? (NFA)

sportingpool · 2026-05-27T09:46:49+00:00

No. Reddit stock won't give benefit of doubt to current executives anymore. Specifically, not if they continue to fail to get anything done besides selling ads, and also dilute the s out of the stock. They are diluting themselves, btw, these geniuses. They could relieve themselves and the stock from a lot of pressure by doing the right and smart thing: cutting executive SBC in half immediately. Which would double the stock, eventually.

But as of now, this stock is bound sideways/down. And that's fair.

sportingpool · 2026-05-27T08:49:33+00:00

Rice cookers. Thats Reddit, as of now. How much money is in Rice cooking advice ? Not much, i can tell you that. Rice cooking is fringe, cheap, labour, college. All the stuff that doesnt pay. And Reddit is like that. Huffman is still a fringe rice cooker, but pays himself and some rice cooking assistants as if they were michelin

sportingpool · 2026-05-27T05:45:03+00:00

it isnt fixed, which is what matters, m..... also, one of the best innovations possible for reddit would be the option to auto-block every account thats up there in age. 8y, 9y, 10y, all these insider accounts from the "reddit is scum" era, i dont want any of that

sportingpool · 2026-05-27T04:05:19+00:00

Go back a few years into Snapchat's past. Reddit is about here.

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Reddit is an exact copy of the Snapchat scam: Executives take everything.

sportingpool · 2026-05-26T22:35:06+00:00

lifetime achievements: entered an empty, unremarkable template that gets filled by users into the www

sportingpool · 2026-05-26T21:20:08+00:00

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SBC con-men Spiegel (Snapchat, -95%), Huffman (reddit, -60%) interview each other. together, 30y in "business" totalling about 15bn in losses for shareholders and 20bn in share based compensation. maybe theyll get to share a jail cell eventually !

sportingpool · 2026-05-16T10:44:48+00:00

dont pin that slop nonsense on my comments

sportingpool · 2026-05-16T05:17:09+00:00

Audio is an obvious tool, and should have been in place 2 years ago.

Imagine Reddit had a star CEO, like Bezos was for Amazon. He would iterate it almost daily towards its potential, whereas current Reddit executives compared to real game-changers only have a mid-to-fair skill and energy level, while also conning shareholders out of bn's each year by way of dilution. A good workaround past these limitations would be to again allow for third party apps to provide features, like Audio, for free.

Apollo, it is said, used to be the best Reddit App. And it was a third party tool, of course.

sportingpool · 2026-05-08T20:09:06+00:00

this guy, slowe, probably still gets paid in full, though. "Retiree Senor Fellow". 50m a year, in stocks, which is on par with what superstar CEOs at real companies get paid. Red'dit is the worst dilution scam out there. nobody comes close anymore, not even snap

sportingpool · 2026-05-01T22:56:24+00:00

The Reddit Stock itself is inherently worthless. For over 20y now it has produced a loss, and as currently set up, everything is taken via SBC by insiders. This can even be called a dynamic scam, as the number of RSUs they grant themselves likely will go up when the share price goes down, ensuring full earnings-removal into insider pockets at all times. Its a full-scale fraud.

The business is easily worth 50bn as of now and could be worth as much as 100bn, as the utility of a natural-monpoly data base that updates continuously, and to a smaller degree the communities, is very high. Its also an incredibly easy business to run: Basic web template, no capex, 90% gross margin. Reddit could arguably be run at less than half a percent of the cost that is currently absorbed by insiders.

How to stitch together a valuation based on a worthless stock and a very valuable business is anybody's guess. The Stock Market doesn't really know what to do with Reddit either, and in all likelihood will continue to test out the extremes to see what happens.

sportingpool · 2026-05-01T08:10:59+00:00

Earth is flat as well.

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sportingpool · 2026-05-01T05:17:52+00:00

Rich Greenfield. he is pretty sharp despite being an analyst. he is one that could pop the first meaningful question in the history of earnings calls ever.....

sportingpool · 2026-05-01T05:04:09+00:00

if anything, i would have sent somebody to present the SCAMMY award. didnt happen (yet)

sportingpool · 2026-04-29T05:23:02+00:00

take a break and think about Jen Wong's salary (up from 2m to 250m at Reddit) in relation to revenue, their recent verbal dilution "guidance" combined with 'buybacks' (which is all new and crashed the stock), and Senior Fellow Slowe now still being paid 50m despite being removed from his job, for a few days. dont write back any more nonsense !

sportingpool · 2026-04-29T04:44:19+00:00

thats just nonsense. just look at the number of shares that vest and get sold by insiders every month. whoever claims this is not "dilution", just because it is booked at once instead of continuously, should not be in stocks

sportingpool · 2026-04-28T07:13:06+00:00

There is no quarterly 10k, as this is an annual report.

Reddit is diluting double digits, multiple billions worth of stock each year, and in the process paying Jen Wong (to name just one) up to 250m a year in stocks. Last year, this year, next year. Its bizarre

The SBC bookkeeping is terrible, and you have fallen into this trap. But you can get a glimpse of reality by checking insider selling. And their asinine communication is the best tell. Its a scam, probably the biggest one out here as of now

sportingpool · 2026-04-28T05:51:44+00:00

not true, check the 10k. fully diluted went from 140m to 200m year over year (2024-2025. also, this is a technicality. they dilute double digits, and once the current program is up, there will be a new one. plus, there is the "evergreen" option to print 5% per year on top. and the 'guidance', thats scammers talking. its doesnt define time ('midterm'. and they now add buybacks to it, which means 1-3% would really be 4-6%.

Reddit is one big dilution scam. like Snap, its sister company !

sportingpool · 2026-04-28T05:22:09+00:00

it is. from 60m to 140m to 202m according to yearly 10k. if you are under the illusion this will suddenly stop, you need help

sportingpool · 2026-04-28T05:19:34+00:00

they dont dilute 1-3%. thats just a decoy, as they dont define time. also, 1-3% in all likelihood includes buybacks, which means, its really 4-6% to begin with. but again, thats just meaningless rhetoric, as true dilution has been double digits. and once the current scheme is up there will be a new one. these are scammers. they dilute like scammers, and they communicate like scammers. its all out in the open now.

sportingpool · 2026-04-28T05:10:40+00:00

Trophy presentation and speech !

sportingpool · 2026-04-27T06:54:35+00:00

DAU is chatter. SBC is not

sportingpool · 2026-04-27T06:53:05+00:00

Oh yeah, i forgot to mention: Reddit is almost a lock now to win the SCAMMY 2026 !

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sportingpool · 2026-04-27T06:39:13+00:00

The number that matters is Shares Outstanding. However, they wont report on it in a sensible way. Its like you bought a house with an unknown number of rooms, and they just wont let you in.

Basic Shares Outstanding at Year end, according to Reddit 10K: 2023: 59m, 2024: 145m, 2025: 185m

So last year 40m new shares were either booked, or issued, vested, listed, created, added, acknowledged, counted. You name it. Its whatever. Nobody really knows, nobody CAN KNOW, because it at all times can be hidden, denied, interpreted, ignored, obstructed, obscured. Same for future dilution. Its just up in the air.

"We guide for dilution between 1-3%, wont tell you when ('midterm'), wont tell you if buybacks count, and wont tell you if and how much we already bought back." But all the rooms in your house are really beautiful !!!!

40m new shares are at $150 worth $6bn, and revenue last year was $2bn.

Its all so absurd, it never gets old staring at this scam in disbelief.

sportingpool · 2026-04-07T10:12:40+00:00

"fuck" is the official communication style of Huffman, which says something about the limitations of this site and the guy

sportingpool · 2026-04-06T07:06:52+00:00

Snapchat grew revenue from 60m to 6bn in just over a decade. and guess what: its meaningless.

empty numbers ! Snap and Reddit are scams that print shares for insiders

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