Social Media Today
9 months agoStartup companies
Reddit Aims for 2024 IPO at $15B Valuation
Reddit is planning to launch its IPO in 2024 with a target valuation of $15 billion, despite having lower user numbers and ad revenue compared to other platforms like TikTok and Snapchat.
Reddit's value is likely overestimated due to its history of offensive content and recent efforts to improve brand safety and ad spend. [ more ]