Reddit poised for stock market debut at $10B valuation
Social media platform Reddit is preparing to launch an initial public offering (IPO) in March at a valuation of $10 billion, moving forward with a listing it has been pursuing for more than three years, people familiar with the matter told Reuters. Ta. If the discussion site goes ahead with its long-awaited IPO, it would […]
Conservative investors look to bailout The Messenger at a reported $60M valuation
Struggling news startup Messenger is reportedly in talks with a group of conservative media and business executives. Axios reported late Thursday.. The group is offering $30 million for a 51% stake, which would increase the struggling news site's valuation to $60 million, the paper said. The deal requires founder and CEO Jimmy Finkelstein to relinquish […]