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Reddit Advised to Target at Least $5 Billion Valuation in IPO
(www.bloomberg.com)
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this post was submitted on 29 Jan 2024
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Everyone here are thinking $5 billion means Reddit won. Wasn’t their evaluation at $15 at one point?
If the went from fifteen bucks to five billion, yes they totally won 😉
Well I guess I fully set myself up for that one lol
If you mean that an entitled douchecanoe who has no trouble allowing genocides to occur on his service getting stupid rich, then they did win. If you are looking at how much they could have gotten, then, yeah, they suck.
Sorry, what genocide happened on Reddit?
The Great App Genocide of 2023.