Reddit, meme stocks and an IPO
Marketplace All-in-One
English - March 14, 2024 21:31 - 12 minutes - 11.8 MB - ★★★★★ - 1.2K ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Reddit, a somewhat untamed fixture of the internet, is launching an initial public offering of its shares. We’ll get into why the company’s culture could become an obstacle to profitability and whether Reddit might get the meme stock treatment its users famously dished out in the past. And, the TikTok creators who’d be most affected by a nationwide ban are the social media company’s greatest lobbyists. Plus, the impact Family Dollar store closures could have on food deserts and an incredible feat by American sailor Cole Brauer.
Here’s everything we talked about today:
“TikTok’s ‘Juicy Body Goddess’ speaks to CNN about potential ban” from CNN Politics
“TikTok creators say House ban threatens lives and livelihoods” from The Washington Post
“There is something core to Reddit that is extremely powerful, says former Reddit CEO Ellen Pao” from CNBC Television
“Reddit will let users participate in its IPO” from Marketplace
“Dollar Tree to close nearly 1,000 stores” from AP News
“29-year-old becomes first American woman to sail nonstop around the world” from PBS NewsHour
“Sailor Cole Brauer makes history as the first American woman to race solo around the world” from NBC News
Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.