Reddit files to go public
reuters.com
Reddit files to go public
1–10 of 834 posts
Re: Reddit files to go public
#2What does it mean to confidentially file for an IPO? Is this a common process before filing an S-1?
Re: Reddit files to go public
#3At least Reddit had it's massive downward spiral years ago, no one can blame their current website layout on this.
Re: Reddit files to go public
#4How is Reddit IPO'ing after they were bought by Conde Nast?
I've never really looked into it. It's an interesting thing that they managed to get un-acquired somehow.
In fact, there are so many questions. Does YC get a payday out of this, or was their stock acquired during the acquisition? 2% of $5B is $100M, so it's a lot of money at stake.
Re: Reddit files to go public
#5What does it mean to confidentially file for an IPO? Is this a common process before filing an S-1?
Re: Reddit files to go public
#6What does it mean to confidentially file for an IPO? Is this a common process before filing an S-1?
It means that the company has started the review process with the SEC. The company is going to go back and forth with the agency to make sure their filings, audits, disclosures, etc. are up to par before the company files publicly in a few months. Once the filing is public the company will wait for 15 days before launching their roadshow.
And yes, this is how the process works with every company
Re: Reddit files to go public
#7At least Reddit had it's massive downward spiral years ago, no one can blame their current website layout on this.
Don't worry, we're next.
Re: Reddit files to go public
#8How is Reddit IPO'ing after they were bought by Conde Nast? I've never really looked into it. It's an interesting thing that they managed to get un-acquired somehow. In fact, there are so many questions. Does YC get a payday out of this, or was their stock acquired during the acquisition? 2% of $5B is $100M, so it's a lot of money at stake.
they were spun off a while ago
https://techcrunch.com/2017/07/31/reddit-just-raised-a-new-r...
Re: Reddit files to go public
#9A strange choice of time, to me. With such intense market volatility, it's easy to both leave money on the table by setting the IPO price too low, or to have trouble selling stock by by setting it too high.
OTOH the freshly printed money look for returns, so the stock market is more likely to be bullish even in relatively near term; maybe they are trying to catch this trend?
Re: Reddit files to go public
#10At least Reddit had it's massive downward spiral years ago, no one can blame their current website layout on this.
old.reddit.com with redditenhancementsuite.com extension is still the best way to browse. I'm impressed that they've kept the old UI for so many years. The usage must be significant to keep it around.