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this post was submitted on 02 Dec 2023
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I have no experience to say whether it will succeed or tank. Why should it fail?
To be clear, I left Reddit and am not going back, but I'm curious what are some indicators the IPO won't do well.
https://techcrunch.com/2023/06/01/fidelity-reddit-valuation/
This.
Another issue is if you look at companies that started to push what was perceived as woke agendas, they got thrashed in the market, Target, Inbev.
WHat will also hurt reddit the number of bots. Advertisers are taking a harder look at are their dollars effective on online platforms.
For most the brands I saw advertising on reddit, there is no way they were getting a return on their investment.
Once they go public, most of this information will come out.