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416 sats \ 2 replies \ @grayruby 29 Jan 2024 \ on: Reddit Advised to Target at Least $5 Billion Valuation in IPO tech

Surprised they are going public at that valuation. Do you know what the valuation was of their last private round?

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41 sats \ 1 reply \ @kr OP 29 Jan 2024
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375 sats \ 0 replies \ @grayruby 29 Jan 2024

Ouch. Quite a haircut, especially considering a couple more years of dilution through stock based comp issuance.

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