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Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO
(www.theinformation.com)
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this post was submitted on 26 Dec 2023
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Why that amount? I'm guessing I'm missing some backstory.
That's about how much he got out of selling Reddit to Conde Nast, which he was unhappy about after seeing the hundreds of millions other people got for selling their platforms like Myspace.