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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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Technology
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You're going to need more than that to cover the legal liability of the lawsuits brought against the company. You could easily end up in the negative, with a mess like that!
$5 + tree fiddy?
Remember the defamation lawsuit where spez lied about what the third-party app dev said, so the dev released the recording of the call proving it?
Also, the other time that happened as well? If you bought the company for a few million, $5 might be all you end up left with! (I hope!:-) ๐
In short: fuck spez.
Fuck spez