this post was submitted on 26 Dec 2023
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1476
Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO (www.theinformation.com)
submitted 11 months ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] FaceDeer@kbin.social 60 points 11 months ago (3 children)

That's still enough to tank an IPO.

[–] Alto@kbin.social 48 points 11 months ago (2 children)

Yep, in the face of the infinite growth monster, anything other than exceeding expectations is seen as a failure

[–] Facebones@reddthat.com 37 points 11 months ago

"We see here you're up 5%, but you were up 5% last year too, so you're dead now."

-Capitalism

[–] FaceDeer@kbin.social 15 points 11 months ago

I still remember a line from a boss I had in one of my very first "real" jobs. "I expect you to exceed my expectations."

I didn't bother pointing out the problem there. I also didn't stay working for her for very long. :)

[–] someguy3@lemmy.world 40 points 11 months ago

Yup it's all about expected growth.

[–] jballs@sh.itjust.works 6 points 11 months ago

Can you buy puts on an IPO?