The chapter delves into Reddit's recent IPO, discussing its trading increase, amount raised, and implications for the company. It compares Reddit's valuation with other tech players, highlights its growth potential, and touches on ad sales and targeting capabilities. The conversation reflects on Reddit's journey from its controversial beginnings to becoming a mainstream news source and content moderation model.
Shares of Reddit started trading today, after an IPO that valued the company near the top of its marketed range. Carol Massar, Tim Stenovec and Bloomberg's team of reporters discuss the IPO and the path ahead for Reddit.
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