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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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Is reddit really considered social media now? I always have described it as the biggest forum and site aggregator on internet.
I know at some point avatars and some crypto? BS came, but that did not change site fundamentals, reddit to me still feels like the same site I joined 10 years ago especially because I used same reddit client for majority of those 10 years. Only reason why I abandoned it is the closure of free API. That and the fact I dislike management, but if 3rd party clients would not have been nuked like that, I would have probably stayed.
Now I am using same client I used for reddit - Sync, so from UI perspective nothing has changed.