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Reddit went public in 2024 and is a more popular, profitable site than ever in its 20-year history. BI spoke to 11 Reddit employees about the new challenges and maintaining its beloved culture.
Reddit had an atypical offering, letting users participate in the IPO, whereas IPOs are almost always limited to connected insiders. Here’s what you need to know about Reddit’s unusual IPO ...
Reddit, which revealed a net loss of $90.8 million in its IPO filing on Thursday, is more akin to the swaths of high-growth, money-losing companies that went public two years ago. It has ...
The much-anticipated Reddit IPO is finally here—and several executives from the social media company’s upper ranks are expected to make a tidy sum once shares begin trading Thursday.
(Reuters) - Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial public offering (IPO), the social media platform said on Monday, as it nears one of the most-anticipated ...
Reddit stock soared more than 40% to a record high of $117 on Wednesday after the newly public social media company reaped its first-ever post-IPO profit.
In the wake of Astera Labs’ successful IPO, shares of the social media platform opened at $34 and closed above $50. Reddit closes nearly 50% higher on 1st trading day in latest sign IPO market ...
The company was the first major social media IPO since Pinterest debuted in 2019.Reddit's IPO came on the heels of a licensing deal with Google to use its data to train large language models.