9Mon·

Reddit is planning its IPO in March, according to insiders & Bloomberg. March in March. This would be the first significant IPO of a social media company since Pinterest ($PINS ) in 2019. The platform competes with TikTok and Facebook for advertising revenue.


Reddit, with a valuation of around 10 billion US dollars in the year 2021intends to raise approx. 10% of its shares in the course of the IPO.


The exact market value will be determined closer to the time of the IPO. Reddit is expected to be listed at the end of February its stock exchange application publicly, in March roadshow in March and the IPO by the end of March. end of March by the end of March.


However, it should be noted that IPO plans have already been postponed in the past. postponed and Reddit has not yet made an official statement.

attachment
11
6 Comments

The valuation will for sure be lower in March 2024.
1
profile image
next Gamestop stock, they'll tear it up again? 😄🙌
1
profile image
That would be one of those things where I would find a preorder interesting. Then you have to watch everything 24/7 to make sure you don't miss the wall bets.
1
profile image
IPO, its probably overpriced
1
profile image
Do you already know how high the market capitalization is estimated to be?
Show answer
Join the conversation