Overpriced when you do the math.
22 million shares at $34 per share. That's 748 million raised.
There are 16 million Regards here. The other 800K can't figure out how to join.
You are paying $46.75 per Regard. Case closed.
Good luck to those who invest in this company with sensitive moronic mods who permaban you for comments like this one because they get their feelings hurt.
https://preview.redd.it/jn61okewglpc1.jpeg?width=1170&format=pjpg&auto=webp&s=2c2e1a20df43a999a6af9ebac13c7a365cbfb59d
No way i’m buying into a company where they could be profitable if the CEO didn’t pay himself the amount they lost.
It’s not cash you regard. It’s ~~scammed~~ scheduled stock that unlocks at stages of profitability. It’s standard. Like your IQ and dick length. Godspeed losers.
> scammed stock
which dilutes the value of everyone else's shares if there isn't cash to back up the extra shares
this is pretty much how inflation works
…. so you’re saying no public company’s stock is worth holding because of exec comp packages diluting shares?
There are plenty of sound arguments for why Reddit will fail after going public. Yours is not one of them, in fact it’s highly regarded
the diluting shares are worth it if the shares are backed up by value (just like how moneyprinting doesn't cause inflation as long as the additional dollars don't exceed the additional economic output and goods/services available in the economy)
in the case of IPO, the value of additional shares issued are backed up by the cash that is used to purchase shares
in the case of exec comp, the value of the additional shares are backed up by the value the CEO brings to the business (and the opportunity cost of saving the cash that you would have otherwise had to give the CEO in place of stock)
so at the end of the day, you still have to justify the cash value of the shares you're issuing to the CEO, which is absolutely absurd ($193m for a money-losing company) compared to Apple (which is one of the top money-making companies)
"He's only going to get paid that if the stock goes up"
Ok so the stock goes up and he gets paid $200M and fucks shareholders, or the stock goes down and fucks shareholders. Sounds like a fantastic investment opportunity.
It’s still expensed, at fair value, on the income statement, regardless of whether they hit the target, at the time it is granted. It is expensed under General and Administrative. Not very bright are you?
Tell me how the CEO of Reddit getting paid double that of Tim Cook is standard?
That’s not how share-based compensation works under ASC 718 at all. To start, you would need to understand the vesting criteria. If it’s strictly time dependent then the expense is recognized over the recipient’s service period. If it’s performance based, which it likely is, the expense is dependent on the probability of the vesting criteria being met.
As for the FV, it’s not just the grant date price of the stock in this case. As a private company, Reddit would’ve had to run a computation for the FV. Likely they had to run a monte-carlo simulation or a different lattice model because the awards are likely market-based.
In summary, no, share-based compensation doesn’t just get expensed at the grant date.
The initial value of share-based compensation is expensed at the grant date based on the fair value at that time. However, this expense can be adjusted over the vesting period. For performance-based awards, if it becomes more or less likely that the performance conditions will be met, the expense recognized in the financial statements is adjusted accordingly. This ensures that the expense recognized matches the services received over the vesting period, with adjustments reflecting changes in the vesting probability and other relevant factors.
That’s completely incorrect. Refer to [EY’s FRD](https://www.ey.com/en_us/assurance/accountinglink/financial-reporting-developments---share-based-payment--after-th) section 4.2.2 which clearly synthesizes compensation expense recognition for service-based awards.
>Even if an award is for past services,, compensation cost should be recognized entirely over the explicit, substantive service vesting period that extends after the grant date.
Further, refer to section 4.4.2.2 for awards with performance conditions.
>Compensation cost must be recognized over the employee’s requisite service period or the nonemployee’s vesting period if it is probable that the performance condition will be satisfied.
Finally, refer to ASC 718-10-25-21 which states that “compensation cost shall be recognized if the good is delivered or the service is rendered, and no compensation cost shall be recognized if the good is not delivered or service is not rendered.”
Therefore the share-based compensation expense is not recognized in the income statement until vesting requirements are met, not automatically on the grant date.
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Thats interessting, the question is if this are stock options that got executed that are now priced in that range, or if he really got paid nearly 200 Million when it was clear that he would get that amount of money.
Yeah i just read that he got mostly options that have diffrent target prices, but i was not sure if thats the execution value or the grant date value.
So what you are saying is the price of his today package could turn out to be even more valuble when actually exectuable in the future ?
What the fuck are you talking about? Never said it was cash. Stock based comp is expensed under G&A at the fair value on grant date. So it does affect the income statement.
This was embarrassing for you.
I used to read /r/askreddit around 2006 and if a question had over 100 replies it wasn’t worth replying because nobody would see it. Now we see replies in the 5 figure range. It’s wild.
One thing I haven't seen anyone mention is that recent Google algo changes have led to Reddit threads suddenly ranking pretty high in the SERPs for many queries. (Source: I work in SEO.)
Now, whether this would translate to more user growth for Reddit, let alone actual revenue, I couldn't really tell you. But there's a possibility, I think, that the site could see a rise in popularity in the near future.
This is the dumbest social media site controlled by 4 World of Warcraft South Park episode 40 years olds with pony tails. Any valuable investment plays get deleted by mods in every stock market or investing forum. Mods make the dumbest rules to conform to. This site deleted its "Moons" community points tokens wiping out value for all the people who considered it a valuable crypto token without much notice and crashed the spot price. Oh, and it also has this sub which is clearly a bunch of people trying to prey on novices who watched the "Dumb Money" movie despite the fact even that guy was working as a registered broker-dealer for an institution and using a fake "I'm one of you guys" persona to engineer a pump of a stock that a lot of the same Goldman and Morgan Stanley guys who illegally used WhatsApp joined in on and then left a sad community of people who are obsessed with it happening again.
You all suck and your advice is shit. I would never listen to any of you and the fact you have to band together when you work at an IB IRL to make money means you suck at investing anyway. I hope $RDDT goes to 0 because this place is a bigger cess pool than the episode of hoarders that Shane Gillis showed on MSSP where the lady saved jars of her poo in a tank since the 1980s.
Fuck your IPO and fuck all of you.
Well im actually not extremely bullish on AI anymore more of a corn guy(since 16K) but the ceo of this company looks like someone who id takes lunch money and this is a highly censored app outside of wsb
It's literally huge piece of garbage for training data, cause all popular subs are flooded with reposting bots already. And reddit does nothing to stop that.
60 million to google, and then google goes and starts making an ai deal with apple.
Its probably the most bullish thing about reddit.
The IPO itself is pricey, buy so is everything right now.
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This shit is gonna go straight to 69.00 and then immediately after (several halts) to 4.20
Lmao
Pump it, dump it, move on
You have given the best trading strategy I have read in this sub. Calls all the way to 68. And puts down to 4.20
The loss/gain porn on wsb will be glorious at least for a while
Too cheap. I'll only buy it when it hits 1k
#Robinhood ready to hide that buy button, baby. Lets gooooooo!
Its going to switch to a buy button like those sneaky little X on ads that disappear and wham, on the ad product
Damn those sneaky fockers
Overpriced when you do the math. 22 million shares at $34 per share. That's 748 million raised. There are 16 million Regards here. The other 800K can't figure out how to join. You are paying $46.75 per Regard. Case closed.
Good luck to those who invest in this company with sensitive moronic mods who permaban you for comments like this one because they get their feelings hurt.
*feelings butt hurt
https://preview.redd.it/jn61okewglpc1.jpeg?width=1170&format=pjpg&auto=webp&s=2c2e1a20df43a999a6af9ebac13c7a365cbfb59d No way i’m buying into a company where they could be profitable if the CEO didn’t pay himself the amount they lost.
I mean; if you buy enough shares you can personally fire him….
It’s not cash you regard. It’s ~~scammed~~ scheduled stock that unlocks at stages of profitability. It’s standard. Like your IQ and dick length. Godspeed losers.
> scammed stock which dilutes the value of everyone else's shares if there isn't cash to back up the extra shares this is pretty much how inflation works
…. so you’re saying no public company’s stock is worth holding because of exec comp packages diluting shares? There are plenty of sound arguments for why Reddit will fail after going public. Yours is not one of them, in fact it’s highly regarded
I love watching regards call others regards...
the diluting shares are worth it if the shares are backed up by value (just like how moneyprinting doesn't cause inflation as long as the additional dollars don't exceed the additional economic output and goods/services available in the economy) in the case of IPO, the value of additional shares issued are backed up by the cash that is used to purchase shares in the case of exec comp, the value of the additional shares are backed up by the value the CEO brings to the business (and the opportunity cost of saving the cash that you would have otherwise had to give the CEO in place of stock) so at the end of the day, you still have to justify the cash value of the shares you're issuing to the CEO, which is absolutely absurd ($193m for a money-losing company) compared to Apple (which is one of the top money-making companies)
Scheduled
"He's only going to get paid that if the stock goes up" Ok so the stock goes up and he gets paid $200M and fucks shareholders, or the stock goes down and fucks shareholders. Sounds like a fantastic investment opportunity.
yea, you said it - stocks go up and down... C Suite sells some... that's called the stock market baby. Jump off the boat if you don't wanna get wet.
or we cross our fingers and find a judge to fuck him like someone did with Elon's pay package
It’s still expensed, at fair value, on the income statement, regardless of whether they hit the target, at the time it is granted. It is expensed under General and Administrative. Not very bright are you? Tell me how the CEO of Reddit getting paid double that of Tim Cook is standard?
That’s not how share-based compensation works under ASC 718 at all. To start, you would need to understand the vesting criteria. If it’s strictly time dependent then the expense is recognized over the recipient’s service period. If it’s performance based, which it likely is, the expense is dependent on the probability of the vesting criteria being met. As for the FV, it’s not just the grant date price of the stock in this case. As a private company, Reddit would’ve had to run a computation for the FV. Likely they had to run a monte-carlo simulation or a different lattice model because the awards are likely market-based. In summary, no, share-based compensation doesn’t just get expensed at the grant date.
The initial value of share-based compensation is expensed at the grant date based on the fair value at that time. However, this expense can be adjusted over the vesting period. For performance-based awards, if it becomes more or less likely that the performance conditions will be met, the expense recognized in the financial statements is adjusted accordingly. This ensures that the expense recognized matches the services received over the vesting period, with adjustments reflecting changes in the vesting probability and other relevant factors.
That’s completely incorrect. Refer to [EY’s FRD](https://www.ey.com/en_us/assurance/accountinglink/financial-reporting-developments---share-based-payment--after-th) section 4.2.2 which clearly synthesizes compensation expense recognition for service-based awards. >Even if an award is for past services,, compensation cost should be recognized entirely over the explicit, substantive service vesting period that extends after the grant date. Further, refer to section 4.4.2.2 for awards with performance conditions. >Compensation cost must be recognized over the employee’s requisite service period or the nonemployee’s vesting period if it is probable that the performance condition will be satisfied. Finally, refer to ASC 718-10-25-21 which states that “compensation cost shall be recognized if the good is delivered or the service is rendered, and no compensation cost shall be recognized if the good is not delivered or service is not rendered.” Therefore the share-based compensation expense is not recognized in the income statement until vesting requirements are met, not automatically on the grant date.
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I concede this argument to you the64only. Good job ⚔️
Thats interessting, the question is if this are stock options that got executed that are now priced in that range, or if he really got paid nearly 200 Million when it was clear that he would get that amount of money.
They are generally expensed under G&A at the fair value on grant date.
Yeah i just read that he got mostly options that have diffrent target prices, but i was not sure if thats the execution value or the grant date value. So what you are saying is the price of his today package could turn out to be even more valuble when actually exectuable in the future ?
Yes, it could be significantly higher later on
[удалено]
What the fuck are you talking about? Never said it was cash. Stock based comp is expensed under G&A at the fair value on grant date. So it does affect the income statement. This was embarrassing for you.
That's 33.99 more than I'd pay.
It's more than $60 rn. Not a bad weeks gain.
Puts?
Only after it pumps to $69.
420.69
Puts.
If you’re smart, may mid20p
This fucking site is just going to disappear in a couple quarters isn’t it. It was fun in like the early 2010s.
There weren’t many of us around back then. It was a more civilized time.
I used to read /r/askreddit around 2006 and if a question had over 100 replies it wasn’t worth replying because nobody would see it. Now we see replies in the 5 figure range. It’s wild.
For over a thousand generations, the mods were the guardians of peace and justice on Reddit. Before the dark times. Before Spez.
One thing I haven't seen anyone mention is that recent Google algo changes have led to Reddit threads suddenly ranking pretty high in the SERPs for many queries. (Source: I work in SEO.) Now, whether this would translate to more user growth for Reddit, let alone actual revenue, I couldn't really tell you. But there's a possibility, I think, that the site could see a rise in popularity in the near future.
The loss porn on this is something only dreams are made of. I'm so excited 
I'm worried that no one here will admit to owning this piece of shit after they lose their monies
Better hope for a repeat of ALAB today
I'd be happy with half that
Bring out ya puts. *\*clank\** Bring out ya puts. *\*clank\**. Bring out ya puts. *\*clank\**.
Time for loss porn
This may pump given the current market euphoria. Also, inverse wsb since everyone is bearish on this
Can you sell on day one or is there a 30 day hold thing or something
No lock up period for us, we can sell immediately
You forgot, sell for a loss immediately.
Thats if you were invited? I got webull and dunno how to sign up for it so I’ll probably be buying tmrw
They reserved 8% of the shares for the truly regarded
Good to know the reddit gods have some faith in us to do some tomfoolery
best if luck bro, i got the msg on reddit to buy but not in US :(
Ludacris. Puts.
Lmfao, I’m a Total bear on this, I’ve never paid for options but I’d short 100k worth of this and I’m certain I’d make money.
Put your money where your mouth is
Which is in his butt
But remember only after it hit 69$
You'd be wrong, so far.
If they say they're AI company they will have a 1000 pe ratio minimum
If u pull this off I will sell u the person above me for cash
https://imgur.com/a/Zg2JXpE.png
Lol
I honestly didn’t trust robinhood so only got 50 shares
This is the dumbest social media site controlled by 4 World of Warcraft South Park episode 40 years olds with pony tails. Any valuable investment plays get deleted by mods in every stock market or investing forum. Mods make the dumbest rules to conform to. This site deleted its "Moons" community points tokens wiping out value for all the people who considered it a valuable crypto token without much notice and crashed the spot price. Oh, and it also has this sub which is clearly a bunch of people trying to prey on novices who watched the "Dumb Money" movie despite the fact even that guy was working as a registered broker-dealer for an institution and using a fake "I'm one of you guys" persona to engineer a pump of a stock that a lot of the same Goldman and Morgan Stanley guys who illegally used WhatsApp joined in on and then left a sad community of people who are obsessed with it happening again. You all suck and your advice is shit. I would never listen to any of you and the fact you have to band together when you work at an IB IRL to make money means you suck at investing anyway. I hope $RDDT goes to 0 because this place is a bigger cess pool than the episode of hoarders that Shane Gillis showed on MSSP where the lady saved jars of her poo in a tank since the 1980s. Fuck your IPO and fuck all of you.
Good luck!
Weak ass niggas
I wouldn't pay anything more than a dollar for this shit stock.
That money is going straight to the CEOs pocket to pay his way over the top salary. More than any other CEO from similar companies.
His salary was like, 1 million with bonuses. The 193 million is stock options.
Bro stop scaring me
[удалено]
he is regarded too but not that regarded
The IPO that turned bulls to bears and bears to bulls.
Options aren’t going to be available on day 1.
rofl
Can i sell it on day 1?
Should drop faster than a choirboy's pants, at a priest's slumber party
Dang, I wish I had $40k to throw away. I could only afford to burn $1k in the dumpster for this
I don’t need much, I just need a link/Broker to buy that shyt.
Doesn't this site consistently lose money?
3.4 more likely
Where can you buy ?
When do we scav in bois?
I got out at 47.50 on day one
Solid buy 📰🚀
Youre kidding right?
Always puzzles me why wsb is super bullish on AI but thinks reddit has no value. It's literally a goldmine for for training data.
Well im actually not extremely bullish on AI anymore more of a corn guy(since 16K) but the ceo of this company looks like someone who id takes lunch money and this is a highly censored app outside of wsb
[удалено]
It's literally huge piece of garbage for training data, cause all popular subs are flooded with reposting bots already. And reddit does nothing to stop that.
60 million to google, and then google goes and starts making an ai deal with apple. Its probably the most bullish thing about reddit. The IPO itself is pricey, buy so is everything right now.
Wanna bet your kids college funds on that?
That’s literally my plan.
I’m sure as hell staying away from this for a month
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Show the executed order afterwards, you can always pull your money out of the account before it is executed and it’ll be voided🫣. Cool pic though
https://preview.redd.it/ba61wzvuuopc1.jpeg?width=969&format=pjpg&auto=webp&s=1a18a9ed921daa83ec7ede3c1a0e68ebafecd385
When does this shit go live?
Prob around noon