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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Nonsense. If this is copyright the payout will be many billions. They've had a year to think about it.

The statute of limitations is much longer than a year. It's usually around 5.

They can wait, see who's made the money, then target them for a payout.

A court wouldn't look favourably on that.

Rights couldn't have been very b important if you just let it run.

They really don't care. It can take a lot of time to put a solid case together and you're better off having a solid case than a quick trial.