4min chapter

The Talk Show With John Gruber cover image

379: ‘An Extra Kick in the Nuts’, With Christian Selig

The Talk Show With John Gruber

CHAPTER

Reddit's IPO and the Devil's in the Details

Reddit is looking to do an IPO, and it's not a secret. But the stock market isn't entirely logical; everybody knows that in every way. And Reddit's momentum has been on the downswing recently. Just the news coming out that your lead investor has cut billions off your valuation is not the direction you wanted be headed when you're looking at an IPO.

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