Reddit Advised to Target at Least $5 Billion Valuation in IPO

ardi60@reddthat.com to Technology@lemmy.ml – 242 points –
Reddit Advised to Target at Least $5 Billion Valuation in IPO
bloomberg.com
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Everyone here are thinking $5 billion means Reddit won. Wasn’t their evaluation at $15 at one point?

If you mean that an entitled douchecanoe who has no trouble allowing genocides to occur on his service getting stupid rich, then they did win. If you are looking at how much they could have gotten, then, yeah, they suck.