Reddit is planning to IPO in a couple of months according to a trend on LinkedIn. They're targeting a 15bn valuation and will be the first major tech IPO in at least a year (besides Klaviyo). Thoughts on what impact it will have on the market and other companies?
Future bag holder spotted
Have we forgotten Instacart already? 🤣
Meh, reddit sucks
Gunna be a down round for sure.
Any idea of how much stocks they will dilute?
Target is 5bil valuation now
Why do you care that someone already very rich is gonna dump their shares on mindless herd and make even more money.