@scottywh to News • 7 months agoReddit Insiders Selling Days After IPO; Shares Fallwww.investors.comexternal-linkmessage-square170arrow-up1636arrow-down115cross-posted to: reddit[email protected]
arrow-up1621arrow-down1external-linkReddit Insiders Selling Days After IPO; Shares Fallwww.investors.com@scottywh to News • 7 months agomessage-square170cross-posted to: reddit[email protected]
minus-square@thisorthatorwhateverlink-3•7 months agoHe borrowed money on Reddit’s books. Reddit used that money as part of the IPO. Then he sold his shares, and got his hands on the now clean cash money. Reddit is left with the debt? Is this about right?
He borrowed money on Reddit’s books. Reddit used that money as part of the IPO. Then he sold his shares, and got his hands on the now clean cash money. Reddit is left with the debt? Is this about right?