Reddit is working with investment banks to prepare for an IPO valued at $15 billion

Time:2022-01-07 Source: 677 views Trending Copy share

On January 8, Spectator Index reported that social media platform Reddit has started working with investment banks to prepare for an IPO that could value it at about $15 billion.

As previously reported, social networking company Reddit received a $410 million Series F round led by Fidelity Investments at a valuation of more than $10 billion. It is reported that Reddit users have been interested in cryptocurrencies for a long time. The word "crypto" has been used more than 6.6 million times across the site, and cryptocurrency is the most popular topic on Reddit in 2021.

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