Jeze3D 64bitMar 11, 2024

Reddit wants to raise $748M with IPO, sets value at $6.4B

https://lemm.ee/post/26474778

Reddit wants to raise $748M with IPO, sets value at $6.4B - lemm.ee

Show threadagitatedpotatoMar 11, 2024
“Website that never posted a profit thinks it’s worth over 6 billion dollars. Yes US dollars.”
Show threadShepherdPieMar 11, 2024
I’d laugh about this but then I remember that someone recently bought Yahoo for $5B
Show threadRGB3x3

Who’s the moron that bought Yahoo for that much? Anybody using yahoo mail is going to be dead or not need email in 10 years and yahoo answers doesn’t exist anymore.

So what value could that company possibly have?

Mar 11, 2024 at 6:28pmWeb
Show threadWrenchMar 11, 2024
I don’t know the current trends, but yahoo was a powerhouse in Asia for a very long time. The primary search engine, news, Email provider.
Show threadladelMar 11, 2024
I think it’s still big in Japan
Show threadripcordMar 11, 2024
Big in Japan
Show threadkingthrillgoreMar 12, 2024
Separate business that licenses the trademark, and they still use Google instead of Bing!
Show threadThtevenMar 11, 2024
Hey I still have an active yahoo email address and I’m gonna have to ask you to get the fuck off my lawn.
Show threadripcordMar 11, 2024
I still use Yahoo weather and Finance