What is Reddit really worth? – podcast | Australia news

This episode was first played on our global news podcast, Today in Focus. Reddit is one of the last mainstream social media platforms that still resembles something of how the internet used to be. A place where humour abounds, niche interests are obsessed over, gossip is traded and viral videos are spread. Think of it … Read more

What is Reddit really worth? – podcast | News

Reddit is one of the last mainstream social media platforms that still resembles something of how the internet used to be. A place where humour abounds, niche interests are obsessed over, gossip is traded and viral videos are spread. Think of it as Facebook’s subversive cousin, or Wikipedia’s anarchic little brother. But for how much … Read more

Reddit Stock Surges on Its First Day of Trading

A big concern ahead of the public listing was that Reddit, the platform that gave birth to the memestocks of 2021, could also suffer the wild price swings caused by large numbers of investors coordinating their strategy over social media, including Reddit itself on forums such as r/wallstreetbets. Reddit’s IPO is a test of investor … Read more

Reddit IPO Filings Reveal the Company’s Hopes—and Fears

The amount of time Reddit reports that users spend with its service hasn’t significantly budged either. In September 2021, the company said that US users on average engaged for 28 minutes a day. It ticked up to 30 minutes that December. In December of 2023, the company specified a figure only for “logged-in” US users, … Read more

Investors already made a killing in IPOs this year with returns of up to 180%. Check top 5 gainers – Top Gainers

Mar 07, 2024, 10:45:51 AM IST It’s already been a good year for IPOs with robust listing gains. Out of the 15 companies that made their way to the bourses, only 4 companies opened in the negative while the rest brought cheer to investors. Here are the top 5 IPOs so far in 2024 that … Read more

fund houses: ‘Concentrated’ AIFs need stricter rules to stop misuse: Fund Houses

Mumbai: Concentrated and inter-connected private equity and venture capital funds (CIFs), where one or a handful of investors call the shots, should be the regulator’s focus in plugging sharp practices, according to views emerging among several fund houses. Such CIF vehicles, they believe, must comply with extra compliance standards to minimise the use of fund … Read more

Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying

Reddit didn’t immediately respond to a request for comment for this story. Unwanted Offer Reddit’s investment offer to users is known as the Directed Share Program. “Because you have helped make Reddit what it is today, you now have the opportunity to become Reddit owners at the same price as institutional investors,” the company wrote … Read more

Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian

Reddit cofounders Steve Huffman and Alexis Ohanian spent about eight straight years living together, initially as college room mates, playing World of Warcraft late into the night and later working together on the foundations of the discussion forums service now frequented by nearly 270 million people. But that history was missing from Reddit’s sales pitch … Read more

5 expected IPOs in January that will spark primary market momentum in 2024 – Upcoming IPOs

Bajaj Finance. Share Price 7705.55 04:14 PM | 04 Jan 2024 320.75(4.34%) Tata Consumer Products. Share Price 1125.55 04:14 PM | 04 Jan 2024 40.60(3.74%) NTPC. Share Price 317.10 04:14 PM | 04 Jan 2024 10.91(3.55%) Oil And Natural Gas Corporation. Share Price 214.65 04:14 PM | 04 Jan 2024 6.41(3.07%) IndusInd Bank. Share Price … Read more