Hopefully, they'll be able to remove it after they go public.
Reddit files to go public
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Re: Reddit files to go public
#12How 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
#13Now it makes sense why they implemented all those user hostile strategies recently. To grow the user count. Hopefully, they'll be able to remove it after they go public.
Re: Reddit files to go public
#14Re: Reddit files to go public
#15Re: Reddit files to go public
#16How 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
#17At 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.
I would love to get Dang's perspective but it would be difficult for him to say anything.
Re: Reddit files to go public
#18At 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.
Re: Reddit files to go public
#19A 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?
https://www.google.com/finance/quote/VIX:INDEXCBOE?safe=off&...
Re: Reddit files to go public
#20How 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.