The initial public offering (IPO) of Reddit will generate close to $750 million and will include the opportunity for Redditors to purchase shares. Here is the process for how it will operate.
Reddit announced that its IPO has the potential to generate roughly $748 million and that it intends to give its community members, including users and moderators, the opportunity to join in the buying and selling of stocks. According to a legal document submitted on Monday, Reddit has announced its plans to sell approximately 15.3 million
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