Reddit gets ready for IPO, setting a top valuation of $6.4 billion
Reddit gets ready for IPO, setting a top valuation of $6.4 billion
What's next: Reddit is likely to go public next week.
20 comments
-
$6.4 billion for a company that has never turned a profit in the last 18 years? Lol
-
Yes, seems delusional at best
-
Well nothing new for Huffman to be delusional and out of touch. Affluenza afflicted ass.
-
This is quite common on the wall street. Companies are in the business of selling stock, not making money on the free market.
-
-
I’m pretty sure the leadership just wants to cash out ASAP.
-
Otherwise they might aim even higher like Twitter did.
-
-
Honestly I think he's gonna sell Reddit as soon as he can get a decent enough offer. It's a sinking ship already.
-
A hammer doesn’t turn a profit either. Its a tool used for a purpose.
-
-
Any bets on how long after going public they go back on their promise to never get rid of old.reddit.com?
-
Feel bad for the people who buy it lol, excluding the day traders planning to inflate it before riding it into the ground.
-
Remember the wolf of wall street when pump and dump schemes could get you jailed? Jordan Belfort looks like the honest guy in today‘s economy.
-
When bad things happen to bad people, the world feels right.
-
-
-
Pffft, I love how "market" news never have to deal with reality checks. Guess I'll make a shovelware company, make 2 shit games and announce an IPO, "Totally expecting at least 1 billion valuation, it's totally worth it, you guys"
-
enshittification imminent.
20 comments