Is Reddit a good pre-IPO option?

New
fMQJ53

New

fMQJ53
Jan 3 11 Comments

Is it worth joining Reddit now (@10B valuation)? Do you think it will have a good IPO?
Planning to apply for an EM role.

Obligatory Tax: 370k / 10+ yoe.

#reddit

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TOP 11 Comments
  • Amazon
    UGNv63

    Go to company page Amazon

    UGNv63
    Yes
    Jan 3 0
  • Conviva / Other
    Stay WπŸ†—E

    Go to company page Conviva Other

    Stay WπŸ†—E
    πŸ’―
    Jan 3 0
  • Amazon
    brostopher

    Go to company page Amazon

    brostopher
    You won’t get much of a pay bump for EM. They have static comp for the most part.
    Jan 3 4
    • Google / Eng
      wondershow

      Go to company page Google Eng

      wondershow
      What do you mean 20b? The current number is 10 as stated in the post.

      Reddit reported ad revenue that is growing fairly well and they still have expansion to do in addition to shoring up the value per user.
      Jan 7
    • Amazon
      brostopher

      Go to company page Amazon

      brostopher
      It was a typo, updated.

      Even if everything you say is true the upside is and 2-2.5x.

      Reddit pay isn’t great and you need to factor in upside to make it attractive.
      Jan 7
  • Compass
    MissCoder

    Go to company page Compass

    BIO
    TC chaser.
    MissCoder
    Do you really think Reddit is the next big thing ? If you were to just invest in their stocks ( if they were public) would you ? When you join a company you are investing your time in hopes that their stock will grow so you get more pay. Chose wisely.
    Jan 3 2
    • New
      fMQJ53

      New

      fMQJ53
      OP
      I may not, but I could be wrong. I see value in the product, but am not sure if it is worth 10B or 100B. So, asking those who may understand this better.
      Jan 3
    • Intuit
      nuituit

      Go to company page Intuit

      nuituit
      While buying stocks, you can choose to invest in the company that you believe is the best - choosing jobs is different as you can only pick from the companies you got through.
      Jan 3
  • I was thinking same an applied for Senior SWE. Recruiter never called, later found out they were let go and nobody ever followed up with me. By the time I got a contact, they already made an offer to someone else.

    Even if it’s a good pre-IPO option, they seem very disorganized
    Jan 4 0