Reddit (RDDT) is set to go public soon and is as of now, one of the most highly anticipated initial public offerings (IPOs) of 2024. The social media company, led by CEO Steve Huffman, is seeking a $6.5 billion valuation and is aiming to raise up to $748 million in the company’s public offering. Planned … Read more
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If you are a certain kind of cynical, Reddit’s S-1 filing sets off alarm bells. There’s the mention of r/WallStreetBets. (Five mentions in total, actually.) There’s the stockpile it’s amassed of Bitcoin and Ethereum. And there’s the program to give certain power users the option of buying stock before it debuts on the public market. … Read more
Reddit is officially going public. The social media platform finally filed its initial public offering (IPO) with the Securities and Exchange Commission on Thursday, ahead of its expected stock market debut in March. It also announced that it’s reserving some shares specifically to sell to its users and moderators. Whether they’ll actually want to buy … Read more
As a tech reviewer, I love to peruse the far corners of the internet to understand what, exactly, people want to know about the products I test. I’m poised to review the Ray-Ban Meta Smart Glasses, a pair of spectacles I purchased with my own money, and I’m tickled at the confusion surrounding the spunky … Read more
Does the industry you work in have a “dirty little secret” that you think people should know about? Reddit user Thealexiscowdell1 recently posed the question, “What is a ‘dirty little secret’ about an industry that you have worked in, that people outside the industry really should know?” and thousands entered the chat to spill the … Read more
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Reddit’s new API updates introduced in April may change the platform ceaselessly — however possibly not in a great way. Ever since Apollo for Reddit developer Christian Selig revealed he’d be on the hook for $20 million per 12 months because of the adjustments, Redditors have been livid over how the updates may have an … Read more