The road to Reddit’s initial public offering has been a long one; in the 19 years since its founding, the social media giant has led many lives. It was an independent startup, and then it wasn’t, until it was again. It despised the idea of selling ads or censoring user …
Read More »Reddit IPO Filings Reveal the Company’s Hopes—and Fears
Reddit’s stock market debut expected on Thursday has been a long time coming. The ad-supported home of over 100,000 forums first announced its intention to go public in December 2021. Over the course of the unusual years-long delay, Reddit revised its initial investor pitch 10 times, leaving a trail of …
Read More »Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying
Reddit is offering its users a chance to buy a piece of the company before its impending debut on the stock market. They’re not all racing to sign up. In public Reddit forums, private chat rooms, and interviews with WIRED, several moderators and power users—who on Thursday learned they would …
Read More »Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian
Reddit cofounders Steve Huffman and Alexis Ohanian spent about eight straight years living together, initially as college roommates, playing World of Warcraft late into the night and later working together on the foundations of the discussion forums service now frequented by nearly 270 million people. But that history was missing …
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