this post was submitted on 11 Mar 2024
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Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)
submitted 11 months ago by [email protected] to c/technology
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[–] [email protected] 20 points 11 months ago (1 children)

It seems like these tech IPOs happen when they are at their peak. Get a huge influx of extra cash once user growth starts to slow, pay off your early investors and then self-implode.

[–] [email protected] 3 points 11 months ago (1 children)

Are we at the huge influx of cash once growth slows stage?

[–] [email protected] 10 points 11 months ago (1 children)

Well you definitely don't want to have an IPO after it's clear that you've already peaked and there is no way to gain more users or squeeze value out of the existing ones.

[–] ilinamorato 5 points 11 months ago

Somewhere, Spez is facepalming for exactly this reason.