this post was submitted on 07 Jan 2024
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Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.

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[โ€“] [email protected] 26 points 10 months ago (1 children)

They only have to be profitable long enough to sell their bags.

[โ€“] [email protected] 3 points 10 months ago* (last edited 10 months ago)

That's true, I have to imagine a significant amount of the people driving the push for the IPO are only doing so to drive value up, cash out and vanish