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There have been a bunch of reports that a Reddit IPO is imminent.
by jsnell 3y ago
There have been a bunch of reports that a Reddit IPO is imminent.
- evandale 3y agoAre these stats still true? Why would anyone buy Reddit if this is the case? https://www.cnbc.com/2019/02/11/reddit-users-are-the-least-valuable-of-any-social-network.html https://www.cnbc.com/2019/02/11/reddit-users-are-the-least-v... Twitter ARPU: ~$9.48 Facebook: $7.37 Pinterest: ~$2.80 Snap: $2.09 Reddit: ~$0.30
- candiddevmike 3y agoThat's from 2019, curious what the stats are in 2024. I've seen a lot more big names advertising on reddit lately.
- debacle 3y agoMost reddit investment in the last several years has been about buying mindshare. Whoever controls the reddit board has a huge sway on public opinion, at least in the US.
- favorited 3y agoOnly 8 months ago, Reddit's CEO said the company wasn't profitable. An IPO would seem like a foolish decision. https://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/jnkd09c/ https://www.reddit.com/r/reddit/comments/145bram/addressing_...