Reddit, one of the largest forum sites in the world, occasionally IPO subject appears. Some documents were even filed with the US Securities and Exchange Commission (SEC) in 2021. presented. At the time, it was thought that the public offering process would be completed, but that did not happen didn’t happen.

The company will collaborate with investment banks such as Morgan Stanley and Goldman Sachs in 2022. contacted. It said these attempts were made to complete the public offering process. Strangely enough, though, Reddit has never been able to go public until today.

Reddit has now started preparing for an IPO again

Bloomberg announced that Reddit has attempted another IPO. According to the news based on sources familiar with the topic, this time the forum platform with potential investors started meeting. According to Reddit sources, in the first quarter of next year will be offered to the public. TechCrunch reached out to Reddit to discuss the matter, but company officials issued open statements.

It is unclear whether Reddit will actually go public next year. On the other hand; At what billion dollar valuation will the company enter the stock market? Unknown. However, studies last year estimated a valuation of up to $15 billion. The official filing with the SEC and the decisions to be made by US authorities will impact Reddit’s public offering process. become clear will provide.