this post was submitted on 18 Jan 2024

63 points (87.1% liked)

World News

32221 readers

440 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

Rumblestiltskin@lemmy.ml

AgreeableLandscape@lemmy.ml

jackmarxist@lemmy.ml

zephyreks@lemmy.ml

OurToothbrush@lemmy.ml

63

Reddit seeks to launch IPO in March (www.reuters.com)

submitted 9 months ago by Hooverx@lemm.ee to c/worldnews@lemmy.ml

16 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Pons_Aelius@kbin.social 14 points 9 months ago* (last edited 9 months ago)

They are about 2 years too late.

The rise in interest rates and the end of easy VC money has swung the dial back to: Companies actually need to generate profit and not just show user growth to be attractive to investors.

The IPO will not go as spez dreamed for so long.