Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B
GissaMittJobb@lemmy.ml 3 months agoThis has never been necessary for an IPO.
Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B
GissaMittJobb@lemmy.ml 3 months agoThis has never been necessary for an IPO.
DogPeePoo@lemm.ee 3 months ago
Typically, IPO’s are nothing more than exit liquidity
GissaMittJobb@lemmy.ml 3 months ago
Basically yeah. Cash-out time for the VCs.