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In unsurprising news, Reddit prepares IPO (www.businessinsider.com)
submitted 10 months ago by cygnus@lemmy.ca to c/snoocalypse@lemmy.ml
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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.

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[-] MonkderZweite@feddit.ch 4 points 10 months ago

What is IPO?

[-] sus@programming.dev 7 points 10 months ago* (last edited 10 months ago)

initial public offering aka the company goes on the stock market

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

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