WallStreetBets changed the world over the past week. Here are 5 lessons on building community from the subreddit:
1. Shared goal
2. Shared leadership
3. Shared identity
4. Shared language
5. It's just fun
Thread 👇🚀🚀🚀
1. Shared goal
2. Shared leadership
3. Shared identity
4. Shared language
5. It's just fun
Thread 👇🚀🚀🚀
1/ Shared goal
Like any good story, WSB rallied to defeat a villain that's easy to hate - hedge funds who short struggling companies and the platforms that enable these funds.
Giving the 🖕 to these funds is a mission that resonates with every retail investor in the world.
Like any good story, WSB rallied to defeat a villain that's easy to hate - hedge funds who short struggling companies and the platforms that enable these funds.
Giving the 🖕 to these funds is a mission that resonates with every retail investor in the world.
2/ Shared leadership
It may not seem like it but WSB has clear leadership:
1. DeepFuckingValue provides inspiration by sharing his daily $50M GME numbers.
2. Mods keep things clean by removing spammy posts and bots.
3. Tweets from Elon, Chamath, AOC, etc are shared often.
It may not seem like it but WSB has clear leadership:
1. DeepFuckingValue provides inspiration by sharing his daily $50M GME numbers.
2. Mods keep things clean by removing spammy posts and bots.
3. Tweets from Elon, Chamath, AOC, etc are shared often.
3/ Shared identity
WSB users take pride in making outlandish bets and losing money. They call themselves 🦍🦍🦍 and celebrate being dumb (although I think many are actually quite savvy).
WSB users take pride in making outlandish bets and losing money. They call themselves 🦍🦍🦍 and celebrate being dumb (although I think many are actually quite savvy).
4/ Shared language
WSB lingo include:
1. 💎✋: Never sell because your hands are diamonds
2. 🧻✋: Sell at the smallest declines because you're weak.
3. Tendies: Gains to buy 🍗
4. "We like the stock"
And of course...
5. 🚀🚀🚀: When the stock goes up 1% or 700%
WSB lingo include:
1. 💎✋: Never sell because your hands are diamonds
2. 🧻✋: Sell at the smallest declines because you're weak.
3. Tendies: Gains to buy 🍗
4. "We like the stock"
And of course...
5. 🚀🚀🚀: When the stock goes up 1% or 700%
5/ It's just fun
There is a lot of money at stake but WSB is also just fun. It lets people be their authentic selves, whether that's posting 🚀s, memes, or sharing a life-changing story from GME earnings.
There is a lot of money at stake but WSB is also just fun. It lets people be their authentic selves, whether that's posting 🚀s, memes, or sharing a life-changing story from GME earnings.
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