Commissar SFLUFAN Posted December 16, 2021 Share Posted December 16, 2021 Reddit files to take the company public WWW.THEVERGE.COM The company was valued at $10 billion in August Quote Reddit announced late Wednesday that it has started the process of taking the company public, by filing a confidential S-1 with the Securities and Exchange Commission. The number of shares to be offered, and the price range for the proposed offering haven’t been determined yet, the company said, adding that it was in a quiet period and could not provide further details for regulatory reasons, which is standard practice. The company has been rumored to be considering an IPO for some time, and in August announced it had raised a $700 million round of funding at a valuation of more than $10 billion. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 16, 2021 Share Posted December 16, 2021 So it will get worse somehow Quote Link to comment Share on other sites More sharing options...
Jason Posted December 16, 2021 Share Posted December 16, 2021 2 minutes ago, b_m_b_m_b_m said: So it will get worse somehow They'll finally drop old reddit and force everyone onto new reddit. 1 Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted December 16, 2021 Share Posted December 16, 2021 4 minutes ago, b_m_b_m_b_m said: So it will get worse somehow I mean if it leads to Reddit's destruction... Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted December 16, 2021 Share Posted December 16, 2021 32 minutes ago, Kal-El814 said: I mean if it leads to Reddit's destruction... Then what will @Jason have to post here? Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted December 16, 2021 Share Posted December 16, 2021 8 minutes ago, Keyser_Soze said: Then what will @Jason have to post here? He’s a twitter man, now. 1 1 Quote Link to comment Share on other sites More sharing options...
Zaku3 Posted December 16, 2021 Share Posted December 16, 2021 43 minutes ago, Kal-El814 said: I mean if it leads to Reddit's destruction... But I like /soccer. Quote Link to comment Share on other sites More sharing options...
Nokra Posted December 16, 2021 Share Posted December 16, 2021 The daaaay....the interbuuuutts dieeeeeed Quote Link to comment Share on other sites More sharing options...
Jason Posted December 16, 2021 Share Posted December 16, 2021 21 minutes ago, Kal-El814 said: He’s a twitter man, now. I'm polysocial. Quote Link to comment Share on other sites More sharing options...
Chris- Posted December 16, 2021 Share Posted December 16, 2021 All Jason does on Twitter is respond to tweets about zoning and simp for large breasted reporters. 1 4 1 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 16, 2021 Share Posted December 16, 2021 1 minute ago, Chris- said: All Jason does on Twitter is respond to tweets about zoning and simp for large breasted reporters. Quote Link to comment Share on other sites More sharing options...
Jason Posted December 16, 2021 Share Posted December 16, 2021 3 minutes ago, Chris- said: All Jason does on Twitter is respond to tweets about zoning and simp for large breasted reporters. wut Quote Link to comment Share on other sites More sharing options...
Bacon Posted December 16, 2021 Share Posted December 16, 2021 I like reddit. Then again I don't post much on it. Most positing has been done of specific video game subreddits. When it comes to something more "news" related I just read the comments cuz that's fun. That said, if this kills reddit, I'll find it hilarious. Part of me wants it to die just so I know these bigger social media platforms can still die. Quote Link to comment Share on other sites More sharing options...
Mr.Vic20 Posted December 16, 2021 Share Posted December 16, 2021 I like reddit, but its unquestionably one of a couple pool filters for the internet and requires a deep cleaning. Quote Link to comment Share on other sites More sharing options...
Chris- Posted December 16, 2021 Share Posted December 16, 2021 1 hour ago, Jason said: wut I see you all over Talia Jane’s stuff, and you have a known type. Ain’t sneaking that by anyone. Quote Link to comment Share on other sites More sharing options...
Jason Posted December 16, 2021 Share Posted December 16, 2021 2 minutes ago, Chris- said: I see you all over Talia Jane’s stuff, and you have a known type. Ain’t sneaking that by anyone. By this logic I'm horny for Sam Deutsch too. Quote Link to comment Share on other sites More sharing options...
Mr.Vic20 Posted December 16, 2021 Share Posted December 16, 2021 15 minutes ago, Jason said: By this logic I'm horny for Sam Deutsch too. Well, are you? Quote Link to comment Share on other sites More sharing options...
Jason Posted December 16, 2021 Share Posted December 16, 2021 6 minutes ago, Mr.Vic20 said: Well, are you? I don't even remember the last time I saw a tweet from the woman he's talking about. Quote Link to comment Share on other sites More sharing options...
Mr.Vic20 Posted December 16, 2021 Share Posted December 16, 2021 8 minutes ago, Jason said: I don't even remember the last time I saw a tweet from the woman he's talking about. Stop Stalling! HOW DO YOU FEEL about Sam Deutsch?! Quote Link to comment Share on other sites More sharing options...
Jason Posted December 16, 2021 Share Posted December 16, 2021 Just now, Mr.Vic20 said: Stop Stalling! HOW DO YOU FEEL about Sam Deutsch?! That smug ass Jeopardy bitch? Quote Link to comment Share on other sites More sharing options...
Mr.Vic20 Posted December 16, 2021 Share Posted December 16, 2021 1 hour ago, Jason said: That smug ass Jeopardy bitch? I'm gonna level with you, I have no idea who Sam Deutsch is, I'm just making conversation! Quote Link to comment Share on other sites More sharing options...
TwinIon Posted December 16, 2021 Share Posted December 16, 2021 Hard to imagine that they'll continue with their existing content policy if they need to increase revenue. I like Reddit well enough, but the product really needs some work. I really hope that they don't end up going the way of Twitter and killing off the ecosystem of Reddit apps, which have been by far the best way to use the site for years. The thing about Reddit that I like the most is that different communities build up their own set of rules and are able to uphold those rules pretty well. All social media has a problem with moderation, Reddit included, but I think Reddit's ideas might actually work. It alleviates the site at large from having to do too much action in removing individual posts, and allows them to just ban whole communities when they are a problem. That's not to say that Reddit's moderation solution is perfect. Subreddits get taken control of by malicious actors, it can be difficult to maintain rules within a given community, and of course, all that moderation is being done by volunteers, which makes it feel like a house of cards that could fall at any moment. Quote Link to comment Share on other sites More sharing options...
ThreePi Posted December 16, 2021 Share Posted December 16, 2021 I generally like Reddit as well. It's a good way of finding a collective discussion about without getting too bogged down by community drama. I can follow a subreddit for years and never recognize another user name. Going public will almost certainly be a negative for user experience. Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted December 16, 2021 Share Posted December 16, 2021 5 hours ago, Zaku3 said: But I like /soccer. I'm on a couple of reddits... I find the communities for individual games to be pretty cool. The boxing reddit is awesome and I like a lot of cooking reddits too. Quote Link to comment Share on other sites More sharing options...
Massdriver Posted December 17, 2021 Share Posted December 17, 2021 Reddit is the only social media service that I like. It's the only forum that seems like the natural progression of forums such as this one to a grander scale. I hate literally every other social networking service. I think my facebook picture is 8 years old and I never post. This IPO is not good for the product IMO. 1 Quote Link to comment Share on other sites More sharing options...
johnny Posted December 17, 2021 Share Posted December 17, 2021 rip to all the porn on reddit 3 Quote Link to comment Share on other sites More sharing options...
Jason Posted December 17, 2021 Share Posted December 17, 2021 34 minutes ago, Massdriver said: Reddit is the only social media service that I like. It's the only forum that seems like the natural progression of forums such as this one to a grander scale. I hate literally every other social networking service. I think my facebook picture is 8 years old and I never post. This IPO is not good for the product IMO. Every bad move reddit has made over the years has been tied to an attempt to monetize the userbase. The whole new reddit thing is apparently about monetization for example. So yeah, going public is going to be all of their bad decisions on steroids. Quote Link to comment Share on other sites More sharing options...
Jason Posted December 17, 2021 Share Posted December 17, 2021 5 hours ago, Mr.Vic20 said: I'm gonna level with you, I have no idea who Sam Deutsch is, I'm just making conversation! 1 Quote Link to comment Share on other sites More sharing options...
Ghost_MH Posted December 17, 2021 Share Posted December 17, 2021 16 hours ago, Jason said: Every bad move reddit has made over the years has been tied to an attempt to monetize the userbase. The whole new reddit thing is apparently about monetization for example. So yeah, going public is going to be all of their bad decisions on steroids. Reddit users are the least valuable of any social network WWW.CNBC.COM At its latest valuation of $3 billion, Reddit's 330 million monthly active users are valued much lower than those on other social networks. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted December 17, 2021 Share Posted December 17, 2021 10 minutes ago, Ghost_MH said: Reddit users are the least valuable of any social network WWW.CNBC.COM At its latest valuation of $3 billion, Reddit's 330 million monthly active users are valued much lower than those on other social networks. I hate the discussion of user value on any social network, not just because it’s gross, but because it also fails object permanence tests. ”Our users and our data give is valuable insight, destroy other industries to feed our ouroboros. Wait we got hacked? That data is useless, don’t fine me bro.” Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted December 18, 2021 Share Posted December 18, 2021 7 hours ago, Kal-El814 said: I hate the discussion of user value on any social network, not just because it’s gross, but because it also fails object permanence tests. I have one of the highest user values on d1p. I'm valued at 1.3 billion Wadebux. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted December 18, 2021 Share Posted December 18, 2021 The only good crypto would be a Day One Coin Quote Link to comment Share on other sites More sharing options...
thewhyteboar Posted December 18, 2021 Share Posted December 18, 2021 25 minutes ago, b_m_b_m_b_m said: The only good crypto would be a Day One Coin I could draw us some shitty stick figures using Paint that we could sell as NFTs. They wouldn't be any uglier than those monkey ones. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted December 18, 2021 Share Posted December 18, 2021 2 minutes ago, thewhyteboar said: I could draw us some shitty stick figures using Paint that we could sell as NFTs. They wouldn't be any uglier than those monkey ones. Turn Rachel into an NFT. Quote Link to comment Share on other sites More sharing options...
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