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Reddit Advised to Target at Least $5 Billion Valuation in IPO (www.bloomberg.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Reddit Advised to Target at Least $5 Billion Valuation in IPO::Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.

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[–] Max_P@lemmy.max-p.me 24 points 9 months ago* (last edited 9 months ago) (1 children)

L4s is a bot and it seems to source from a lot of the mainstream journals that all have those stupid paywalls.

I guess people are just expected to have a solid ad blocker these days.

Also I think a fair chunk of those sites let you read the article if you're coming from Twitter/Reddit but that doesn't work on Lemmy.

[–] white_shotgun@aussie.zone 4 points 9 months ago

Thanks for the explanation.