Reddit is an American social network that functions like a giant online message board where users can share content, vote on it and create communities(subreddits).
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Founded in 2005, Reddit is an American social media website where registered members submit content to the site which is then voted up or down by other members. Posts are organized by subject into user-created boards called âcommunitiesâ or âsubredditsâ, which cover a variety of topics.
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Reddit appears to be targeting a Spring 2022 IPO valuing the business at circa $15bn.
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For those of you who like to ensure your investments are ethical you may want to look at some of the subreddits that Reddit tolerate. Your eyebrows will raise at the very least.
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This is exactly why going public is the death of Reddit.
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Reddit is a hangover from the pre Facebook internet where user werenât monetised in the same way.
If they donât reward the community moderators in some way this could be a very messy listing, lots of people doing work for the love of it like @AchillesFirstStand -
@AchillesFirstStand Would you want something from the IPO given you help generate the traffic and keep the your community compliant and healthy?
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Thanks for the shout-out 
(r/CanaryWharfBets for the fans, almost up to 10k members)
It would be good if they use the funds to improve the platform, I donât personally have any problems with it. I wouldnât expect any direct benefit for it, I would not have been able to make a successful stand-alone forum without the free platform from Reddit so canât complain.
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What kind of subreddits are you referring to?
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There are some rather large and lively investment subreddits, as I remember 
The company plans to trade on the New York Stock Exchange under the ticker symbol âRDDT.â Its much-awaited listing â expected in March â would be the biggest social media IPO since Pinterest went public in 2019.
The IPO filing revealed that Reddit sustained $90.8m in losses in 2023, down from $158.6m in 2022, as its revenue grew by roughly 21%. The platform has 267.5 million active weekly users, more than 100,000 active communities, and 1bn total posts, it said.
I canât see the case for this one? With anon accounts, poor ad model & almost zero reason to pay them for anything premium.
Also interesting tit bit -
Sam Altman, the OpenAI founder and CEO, is its third-largest shareholder, with an 8.7% stake.
Yet his influence didnât stop Reddit selling its data for AI training to Alphabet.
https://www.reuters.com/technology/reddit-ai-content-licensing-deal-with-google-sources-say-2024-02-22/
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I checked the S1 and the financials and overall it seems a pretty average picture for Reddit:
- Revenues 2023: $804m
- Revenues Growth rate 2023 vs 2022: 20%
- EBITDA loss: ÂŁ70m
- negative Free Cash Flow;
- money lost so far: $700m
A valuation of $5bn seems ambitious in my opinion.
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They have listed Wallstreet Bets as a risk factor for itâs IPO 
Options trading will be disabled for the first 2 weeks after it gets listed. The play would be to buy shares in the first week and ride the hype upwards then sell for a small profit at the end of the week going into the second week then when given the chance short the stock.
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Iâm not excited about this business. Their revenue relies heavily on advertising in a field with too many strong competitors, high dilution with SBC, and last but not least, itâs still losing money despite being in the market for about 19 years. So, I donât think management is doing great either, and maybe their IPO will be a way to cover losses with investorsâ money.
People used to (still do?) buy hats in TF2âŠ
Donât under estimate what people will waste money on.
They said, I donât think Reddit really offers anything that great, ads and virtual coins for people to shout at each other online
I feel like reddits future is just waiting to die when the next big thing pops up
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