Social Media Today
9 months agoStartup companies
Reddit Aims for 2024 IPO, at $15 Billion Valuation
Reddit is targeting a $15 billion valuation for its IPO in 2024, even though it has lower user numbers and revenue compared to other platforms with higher valuations.
Reddit has implemented tougher moderation requirements and shut down offensive subreddits in order to attract more advertising spend. [ more ]