Reddit's cofounder said that at first the company felt like 'a homework assignment that got out of hand' rather than a business
www.businessinsider.com
Reddit's cofounder Steve Huffman said in its early days he filled up most of the site with content using different accounts until it got more users.

Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.

  • ulkesh@beehaw.orgEnglish
    162·
    8 months ago

    And I sincerely hope anyone that invests in Reddit loses everything they put into it. The company deserves to die for the bullshit they did last year. It’s past time to move on.

    • Jaytreeman@kbin.social
      7·
      8 months ago

      Every big IPO like this goes up like crazy at first… In this case I predict it will fall quickly afterwards.
      There’s money to be made though