Reddit mulls valuation of at least $5 billion in IPO: report
According to reports, Reddit has been advised to target a valuation of at least $5 billion as it prepares for an initial public offering this year, which is the lowest the social media site was worth just three years ago. It’s only a fraction of the amount that was said. The San Francisco-based company is […]
Investors suggest Reddit aim for $5B IPO valuation: report
New York Stock Exchange President Lynn Martin shares her outlook for 2024 on IPOs, mergers and acquisitions, stock valuations, and the Fed’s trajectory. Reddit has been advised to have a potential valuation of at least $5 billion. Initial public offering (IPO) this spring, as reported by Bloomberg News. of social media networks The company is […]