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Reddit mulls valuation of at least $5 billion in IPO: report

Por: New York Post Tech January 30, 2024

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Reddit is reportedly being advised to target a valuation of at least $5 billion – a fraction of what the social media site was said to be worth just three years ago. The San Francisco-based firm is “targeting a valuation in the mid-single-digit billions” and could list its shares by as early as March, , citing people familiar with the matter. Even the proposed $5 billion valuation may be a stretch. The outlet noted that private trades of... + full article



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