this post was submitted on 07 Jan 2024
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SNOOcalypse - document, discuss, and promote the downfall of Reddit.

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SNOOcalypse is closing down. If you wish to talk about Reddit, check out [email protected], [email protected] and [email protected].

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In unsurprising news, Reddit prepares IPO (www.businessinsider.com)
submitted 11 months ago by [email protected] to c/[email protected]
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Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.

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[โ€“] iterable 21 points 11 months ago

And the super majority of investors will not understand one bit what Reddit is and why it use to be so popular. The pyramid scheme continues.