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Reddit

IPO Media

Reddit’s IPO Rollercoaster: Strategic Move or Financial Gamble?

With a proposed sale of 22 million shares at $31 to $34 each, the social media giant aims for a...

March 11, 2024

IPO

Reddit’s IPO to Test Market’s Faith in AI Data Licensing Potential

Analysts are eyeing the company's potential in the AI sphere, with projections suggesting a significant boost in revenue from AI...

March 6, 2024

Artificial Intelligence IPO

Reddit Targets $6.5 Billion Valuation in Upcoming IPO

The IPO's price range suggests a significant valuation drop from 2021's $10 billion, challenging the current stagnant public offering market.

March 4, 2024

IPO Media Social Media

Reddit Finally Files for IPO

The social media titan's IPO filing reveals a surge in revenue to over $800 million in 2023 from $666.7 million...

February 26, 2024

Governance IPO

Reddit’s IPO Strategy: Rewarding Users Without Granting Control

Exclusive Voting Rights Reserved for Insiders, Highlighting Governance Risks and Financial Prospects

February 23, 2024

Artificial Intelligence IPO

Reddit’s $203 Million Data Licensing Deals Propel Toward IPO

The identity of the AI vendors benefiting from Reddit's data remains undisclosed, though speculation suggests Google and OpenAI as potential...

February 23, 2024

IPO

Reddit Targets IPO, Reveals Financials in Public Offering Push

This disclosure, outlined in an offering prospectus, positions Reddit as potentially the first major social media entity to enter the...

February 22, 2024

Artificial Intelligence

Reddit Strikes $60M Deal to Train AI with User Posts

In the midst of the AI sector's surge, a critical resource emerges: human-generated data.

February 19, 2024