What Redditors think about the Reddit IPO
Publisher |
Marketplace
Media Type |
audio
Categories Via RSS |
Business
News
Publication Date |
Mar 19, 2024
Episode Duration |
00:10:39

More than two years after Reddit first announced plans to go public, a share offering is expected to hit the stock market this week. The social network boasts 260 million active weekly users and more than 100,000 active communities, according to its S-1 filing with the Securities and Exchange Commission. Yet in its nearly two-decade history, Reddit has never turned a profit. Marketplace’s Lily Jamali spoke with Elizabeth Lopatto, senior writer at The Verge, who says not everyone is on board with the company selling stock.

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