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@jeze@lemm.ee to Technology@lemmy.worldEnglish • 1 year ago

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

go.theregister.com

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

go.theregister.com

@jeze@lemm.ee to Technology@lemmy.worldEnglish • 1 year ago
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Time to start spamming those reposts: Top users are getting early access to 1.76 million shares
  • @agitatedpotato@lemmy.world
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    75•
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    1 year ago

    “Website that never made a profit thinks it’s worth over 6 billion dollars. Yes US dollars.”

    • @ShepherdPie@midwest.social
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      17•1 year ago

      I’d laugh about this but then I remember that someone recently bought Yahoo for $5B

      • @RGB3x3@lemmy.world
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        5•1 year ago

        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?

        • @Thteven@lemmy.world
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          8•1 year ago

          Hey I still have an active yahoo email address and I’m gonna have to ask you to get the fuck off my lawn.

          • @ripcord@lemmy.world
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            0•1 year ago

            I still use Yahoo weather and Finance

        • @Wrench@lemmy.world
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          6•1 year ago

          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.

          • kingthrillgore
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            1•1 year ago

            Separate business that licenses the trademark, and they still use Google instead of Bing!

    • @jeze@lemm.eeOP
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      9•1 year ago

      More like $599 US dollars. Riiiiidge Racer!

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