SNOOcalypse - document, discuss, and promote the downfall of Reddit.

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In unsurprising news, Reddit prepares IPO (www.businessinsider.com)

submitted 11 months ago by cygnus@lemmy.ca to c/snoocalypse@lemmy.ml

177 comments fedilink hide all child comments

Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.

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[–] Loce@lemmy.world 55 points 11 months ago (2 children)

Elon Musk should buy it :) i hear he's doing wonders with the xitter :)

[–] bpmd@lemmy.world 8 points 10 months ago (2 children)

~~xitter~~ twix

[–] RizzRustbolt@lemmy.world 7 points 10 months ago

Far-right twix.

[–] Daefsdeda@sh.itjust.works 3 points 10 months ago

Or x twitter. Get it, cause it used to be twitter.

[–] jtk@lemmy.sdf.org 2 points 11 months ago

If he's looking to control communication infrastructure as I suspect, he might actually try, and succeed. Even if it's not him, it's going to be a similar scenario involving someone very much like him.