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Reddit files to go public

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Re: Reddit files to go public

#12

How 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.

[deleted]

Re: Reddit files to go public

#16

How 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.

[deleted]

Re: Reddit files to go public

#17

At 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.

Strongly agree. Those who are skeptical and have recently joined HN just need to rewind, read a few threads from 2015, let alone 2010. The quality of discussion, the disagreements, the back and forth, the deep respect for each other - all those are eroding away on HN, albeit slowly. Still there is good discussion, especially on deep technical topics (e.g. Semiconductors). It may not be the fault of HN - today's internet is full of toxicity and pretty much everything is politicized. I naturally like to play devil's advocate and it is basically impossible on HN without getting flagged or worse - called names and get insults thrown at you.

I would love to get Dang's perspective but it would be difficult for him to say anything.

Re: Reddit files to go public

#18

At 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.

it’s 10-15%. if you moderate a sub you see where people come from

Re: Reddit files to go public

#19
post #9

A 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?

Market volatility doesn't seem to be extraordinarily high right now:

https://www.google.com/finance/quote/VIX:INDEXCBOE?safe=off&...

Re: Reddit files to go public

#20

How 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.

One of the best HN replies I've ever read was in this thread. I am so sad it was deleted.
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