Speculation is circulating that Reddit might be considering an Initial Public Offering (IPO) once again. Recent reports suggest discussions with potential investors, with a possible public debut in early 2024. Reddit had previously explored an IPO in December 2021 but didn't proceed. The company, then valued at $10 billion, aimed for a $15 billion valuation. Morgan Stanley and Goldman Sachs were reportedly involved, though Reddit remains tight-lipped. The current rumors coincide with Reddit's rebranding, fueling IPO speculations. It's crucial to note these are still rumors, and Reddit's IPO plans may change, given market uncertainties. Stay ahead of the rumours by making further research to assertain the facts.
Reddit Sparks IPO Speculation Again: Talks with Investors and Rebranding Fuel Rumors for 2024 Debut
bymybloggericon
-
0