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If Reddit is such a valuable property it would make sense for one of the big AI players to come in and buy it out before it IPOs and the value shoots through th
by drumhead 3y ago
If Reddit is such a valuable property it would make sense for one of the big AI players to come in and buy it out before it IPOs and the value shoots through the roof. Open Ai is the most likely one given the links between Altman and the management. But a new entry like maybe Apple could swoop in. We know how useless the management of Reddit are at making money from it, a sale in it's entirety might be the best exit for the VCs and for them.
- sebzim4500 3y ago>before it IPOs and the value shoots through the roof Maybe they want to wait for it to IPO and then drop 90% instead.
- rchaud 3y agoReddit is valuable for its milk, but gave away the cow years ago with the free API.