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Reddit went public in 2024 and is a more popular, profitable site than ever in its 20-year history. ... IPO day was 'so Reddit,' employees said. Reddit employees gather at the New York Stock ...
Here’s what you need to know about Reddit’s unusual IPO, ... March 21, 2024 at 4:29 PM. After years of anticipation, Reddit finally conducted its initial public offering (IPO). Nicknamed the ...
March 20, 2024 at 6:00 AM. Photo by Bryan Steffy—Variety via Getty Images. ... This includes Sam Altman, CEO of OpenAI, who will have 9.1% voting power after the Reddit IPO, while his shares ...
Reddit's IPO marks the first major company to go public in 2024. But ... Reddit's IPO was priced at a valuation near $6.5 billion, down from its $10 billion private valuation in 2021.
Some of the shares sold in the IPO will be new shares issued by Reddit, and some will be existing shares held by its investors and employees, one of the sources said. ... March 1, 2024 at 7:19 PM.
Reddit is going public, having filed for an initial public offering (IPO) with the Securities and Exchange Commission on Feb. 22. This will be the first major tech IPO of the year and the first ...