475
In unsurprising news, Reddit prepares IPO (www.businessinsider.com)
submitted 8 months ago by cygnus@lemmy.ca to c/snoocalypse@lemmy.ml
179 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments
[-] Loce@lemmy.world 56 points 8 months ago

Elon Musk should buy it :) i hear he's doing wonders with the xitter :)

[-] bpmd@lemmy.world 8 points 8 months ago

~~xitter~~ twix

[-] RizzRustbolt@lemmy.world 7 points 8 months ago

Far-right twix.

[-] Daefsdeda@sh.itjust.works 3 points 8 months ago

Or x twitter. Get it, cause it used to be twitter.

[-] jtk@lemmy.sdf.org 2 points 8 months ago

If he's looking to control communication infrastructure as I suspect, he might actually try, and succeed. Even if it's not him, it's going to be a similar scenario involving someone very much like him.

this post was submitted on 07 Jan 2024
475 points (95.6% liked)

SNOOcalypse - document, discuss, and promote the downfall of Reddit.

3 readers
1 users here now

SNOOcalypse is closing down. If you wish to talk about Reddit, check out !reddit@lemm.ee, !reddit@lemmy.world and !RedditMigration@kbin.social.

This community welcomes anyone who wants to see Reddit gone. Nuke the Snoo!

When sharing links, please also share an archived version of the target of your link.

Rules:

  1. Follow lemmy.ml's global rules and code of conduct.
  2. Keep it on-topic.
  3. Don't promote illegal stuff here.
  4. Don't be stupid, noisy, obnoxious or obtuse (S.N.O.O.)
  5. Have fun, and enjoy the popcorn! 🍿

founded 1 year ago
MODERATORS
lvxferre@lemmy.ml