Why is now the time for a reddit IPO? Is it because of the idea that "data is oi... | Hacker News

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dpflan on March 21, 2024 | parent | context | favorite | on: The Reddits

Why is now the time for a reddit IPO? Is it because of the idea that "data is oil", and reddit can sell enterprise subscriptions to access to its data? Someone who has reviewed the S-1, how are they making money? And what's the point of the IPO, deploy more capital to accomplish what?

lupire on March 21, 2024 | [–]

The time to IPO is before the value collapses. Trust the experts.

bluescrn on March 21, 2024 | [–]

If they get it done quickly, it might happen before the election (and then the fallout from the election) turns the site into an utter shitshow?

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