Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.

Reddit Advised to Target at Least $5 Billion Valuation in IPO::Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.

    • Max-PEnglish
      24•11 months ago

      L4s is a bot and it seems to source from a lot of the mainstream journals that all have those stupid paywalls.

      I guess people are just expected to have a solid ad blocker these days.

      Also I think a fair chunk of those sites let you read the article if you’re coming from Twitter/Reddit but that doesn’t work on Lemmy.