Reddit is reportedly considering an IPO
|11/14/2017||Posted by BusinessMediaguide.Com under General World News||
- Reddit is considering an initial public offering at some point in the future, its CEO said Thursday.
- The timeline for a public offering is still uncertain.
Reddit, the “front page of the internet” that has been ravaged by scandals in its 12-year history, is considering an initial public offering, CEO Steve Huffman reportedly said at an Internet Association summit in San Francisco on Monday.
“The time frame is pretty far out,” he said, according to Variety, adding that going public is “the only responsible choice” for the company going forward.
Reddit was sold to magazine empire Condé Nast for “between $10 and read more >>>