Deleted member 14160
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Reddit files to go public
Reddit on Wednesday announced that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission to go public.
Last valuation was for 10 billion so I reckon they'd offer for 12ish billion. I think that's a really good buy since it's basically the monopoly of all mainstream forums. It's the go-to for any kind of community based around any topic and I don't think any other kind of platform could steal its market share tbh- it's too entrenched.
Male estrogen levels are only on the rise, so it has a good future for user growth.
Monetization can be much better- Gold and ads was its only monetization for so many years when it was run by that cuck woman.
