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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Reddit, the social media platform, is set to debut on the stock market this week. The IPO filings reveal canceled pay awards for CEO Steve Huffman tied to a $25B valuation. The company faces challenges like slowing user growth and dependence on Google. Investors are eager, with plans to raise $748 million.
I’m bullish on the Reddit IPO - there’s just a certain kind of content you can’t find anywhere else https://t.co/PLNefHlGJD
Reddit IPO tomorrow!
Post-IPO, Reddit will still be the ‘quirky goth kid’ to Google and Facebook’s ‘varsity quarterbacks’ https://t.co/GBRz4ePtSQ
