this post was submitted on 07 Jan 2024
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SNOOcalypse - document, discuss, and promote the downfall of Reddit.

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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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[โ€“] MonkderZweite@feddit.ch 3 points 11 months ago (2 children)
[โ€“] sus@programming.dev 7 points 11 months ago* (last edited 11 months ago)

initial public offering aka the company goes on the stock market