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In unsurprising news, Reddit prepares IPO (www.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.

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[-] [email protected] 3 points 1 year ago* (last edited 1 year ago)

That's true, I have to imagine a significant amount of the people driving the push for the IPO are only doing so to drive value up, cash out and vanish

this post was submitted on 07 Jan 2024
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