Technology@lemmy.world

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jezetoTechnology@lemmy.worldEnglish·7 months ago

Reddit wants to raise $748M with IPO, sets value at $6.4B

(go.theregister.com)

369

Reddit wants to raise $748M with IPO, sets value at $6.4B

(go.theregister.com)

jezetoTechnology@lemmy.worldEnglish·7 months ago

Time to start spamming those reposts: Top users are getting early access to 1.76 million shares

GissaMittJobbEnglish
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This has never been necessary for an IPO.
- DogPeePooEnglish
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  Typically, IPO’s are nothing more than exit liquidity
  - GissaMittJobbEnglish
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    Basically yeah. Cash-out time for the VCs.