Reddit Could Potentially Go Public with a $5B Valuation, as …

The Optimal Value Javier Avalos, the co-founder and CEO of Caplight, a secondary data tracking platform, suggests that a $5 billion valuation aligns with Reddit’s reported $800 million annual …

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Reddit Could Potentially Go Public With A $5B Valuation, As …

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The Optimal Value Javier Avalos, the co-founder and CEO of Caplight, a secondary data tracking platform, suggests that a $5 billion valuation aligns with Reddit’s reported $800 million annual …

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Reddit Should Go Public At $5 Billion, According To Secondary Data ...

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Mar 1, 2024 · That sweet spot Javier Avalos, co-founder and CEO of Capilight, a secondary data tracking platform, said that going out at $5 billion would be a realistic price based on the …

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“Secondary Data Suggests Reddit’s Public Debut At $5B”

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Feb 29, 2024 · The data from secondary market activity also points towards a $5 billion valuation. According to Greg Martin, co-founder and managing director at Rainmaker Securities, recent …

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Reddit Should Go Public At $5B, According To Secondary Data

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Reddit is preparing for its initial public offering (IPO) and needs to determine the right valuation to attract investor interest and maximize its potential for success. Secondary investors suggest …

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Reddit Should Go Public At $5 Billion, According To Secondary Data

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Reddit should go public at $5 billion, according to secondary data If secondary buyers aren't buying shares at more than a $5 billion valuation, it wouldn't be wise for Reddit to price its IPO …

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Reddit Eyes $5B Valuation: Report - LinkedIn

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Reddit, Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion.

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Fidelity Deepens Valuation Cut For Reddit: $10B To $5.5B

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Fidelity Blue Chip Growth Fund valued its holdings in Reddit at $15.4 million as of May 31, according to the fund’s monthly disclosure released Friday. That’s down 7.36% from the $16.6 …

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Reddit Will Reportedly Seek An Up To $6.5 Billion Valuation When It ...

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Mar 1, 2024 · That’s according to The Wall Street Journal, which says Reddit could shoot for a price range between $31 to $34 per share when launching its IPO. The $6.5 billion number is …

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Reddit Should Go Public At $5B, According To Secondary Data ...

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16M subscribers in the technology community. Subreddit dedicated to the news and discussions about the creation and use of technology and its…

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Reddit Should Go Public At $5 Billion, According To Secondary Data

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Feb 29, 2024 · That sweet spot Javier Avalos, co-founder and CEO of Capilight, a secondary data tracking platform, said that going out at $5 billion would be a realistic price based on the …

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Reddit Should Go Public At $5B - The Daily Stack | PrivCo

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Mar 1, 2024 · What We're Reading Reddit should go public at $5B, according to secondary data[ TechCrunch] Google is making search suggestions in Chrome more helpful [ TechCrunch] …

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Reddit Is Now Valued At More Than $10 Billion The Company Is Still ...

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Reddit, the self-declared ‘front page of the internet,’ says it is now valued at more than $10 billion after raising an additional $410 million in funding, with the final round expected to grow to up to …

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FAQs about Reddit Could Potentially Go Public with a $5B Valuation, as … Coupon?

Is Reddit going public?

He has written news, reviews, and more as a tech journalist since 2020. Reddit is going public, seeking a $6.5 billion valuation after a year of upheaval that gave it more control over what CEO Steve Huffman has called a “vast corpus” of valuable data that can be used to train AI. ...

How much will Reddit cost if it goes public?

Reddit will reportedly seek an up to $6.5 billion valuation when it goes public. That’s according to The Wall Street Journal, which says Reddit could shoot for a price range between $31 to $34 per share when launching its IPO. ...

Why is Reddit trying to price over 5 billion?

While there are reasons why Reddit might try to price over $5 billion, it may be looking to latch on to the “halo” effect of its new AI deal with Google, Martin said. Or it could be trying to bring some liquidity to those late-stage investors who are positioned to likely get nothing if it goes out at $5 billion. Investors hope it doesn’t. ...

Will Reddit go public in 2024?

Considering all the changes and controversies Reddit saw in 2023, it will be interesting to follow what happens next. Reddit may be looking to go public in 2024. Bloomberg reports that Reddit is “holding talks with potential investors” about an IPO that could take place as early as the first quarter of next year. ...

Is Reddit's $5 billion valuation risk-free?

The $5 billion valuation that Reddit may pursue is not risk-free. Even with the valuation dropped down to $5 billion, there hasn’t been a huge influx of secondary activity to the startup. Martin said this isn’t necessarily a bad thing, but it isn’t good, either. ...

Is Reddit unprofitable?

So using Reddit’s $800 million ads-based revenue, at a $5 billion valuation, the company’s trailing multiple works out to 6.25x and expands to 7.5x at a $6 billion valuation. Presuming that Reddit is unprofitable than Snap, it would be reasonable to argue that Reddit’s revenue multiple could be between what Snap and Meta each command. ...