Reddit wants to raise $748M with IPO, sets value at $6.4B
Reddit wants to raise $748M with IPO, sets value at $6.4B
Time to start spamming those reposts: Top users are getting early access to 1.76 million shares
![Reddit wants to raise $748M with IPO, sets value at $6.4B](https://lemdro.id/pictrs/image/839c8c77-c54a-4ef5-b80a-04d6a836a0df.jpeg?format=webp&thumbnail=256)
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"Website that never made a profit thinks it's worth over 6 billion dollars. Yes US dollars."
85 0 ReplyI'd laugh about this but then I remember that someone recently bought Yahoo for $5B
20 0 ReplyWho's the moron that bought Yahoo for that much? Anybody using yahoo mail is going to be dead or not need email in 10 years and yahoo answers doesn't exist anymore.
So what value could that company possibly have?
6 1 ReplyHey I still have an active yahoo email address and I'm gonna have to ask you to get the fuck off my lawn.
13 1 ReplyI still use Yahoo weather and Finance
4 3 Reply
I don't know the current trends, but yahoo was a powerhouse in Asia for a very long time. The primary search engine, news, Email provider.
7 0 ReplyI think it's still big in Japan
4 0 ReplyBig in Japan
3 2 Reply
Separate business that licenses the trademark, and they still use Google instead of Bing!
1 0 Reply
More like $599 US dollars. Riiiiidge Racer!
10 0 Reply