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Investors suggest Reddit aim for $5B IPO valuation: report

Reddit is planning a potential IPO that could occur as early as March and advisors have suggested the company target an IPO valuation of about $5 billion, per a report from Bloomberg.

Reddit advised to target at least $5bn valuation in IPO

Deliberations around the IPO are ongoing and details such as the valuation target and timing are subject to change.

Reddit Advised to Target at Least $5B Valuation in IPO

Reddit Advised to Target at Least $5B Valuation in IPO
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Reddit mulls valuation of at least $5 billion in IPO: report

Reddit is reportedly being advised to target a valuation of at least $5 billion as it prepares to potentially go public this year – a fraction of what the social media site was said to be worth just three years ago.

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