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such as exact timing and valuation, could change. It would be the first major social media platform to go public since Pinterest’s IPO in 2019. Reddit representatives did not immediately return ...
But to have any chance of sparking an exit trend, it needs to get one thing right: its valuation. Investors who buy at the IPO want upside on their investment, so Reddit has to price itself at the ...
expected to be listed at an IPO price of between $31 and $34 per share. The offering would give Reddit a top valuation of about $6.4 billion — less than the $10 billion it had been valued at in ...
Reddit's IPO could mark a turning point in the tech offering market, following a drought since Pinterest in 2019. While most of the media hype is centred around the valuation, here's a little peek ...
At the start of 2022, Reddit filed confidential IPO paperwork with hopes of listing at around a $15 billion valuation, Bloomberg reported. It hired its first CFO in 2021. But the 2022 economy didn ...
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Reddit employees dish on the 2024 IPO and what's next: 'There's a balance of excitement and pressure'2024 was a great year for Reddit. The company went public in March with a $6.4 billion valuation and reported its first quarterly profit in October. Shares have soared 230% since its IPO.
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