Reddit is aiming to go public as soon as March and could be valued at as much as $15 billion, according to a report from Bloomberg. The company is said to be working with Morgan Stanley and Goldman Sachs on the initial public offering. The social media site announced in December that it had filed confidentially for an IPO, but did not disclose any information regarding timing or advisors....
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Pinterest’s Tardy CEO Shakeup
What timing! No one could say they were surprised that Ben Silbermann is stepping down as CEO of Pinterest—that’s something we’ve expected for a while. After all, while he and his co-founder, Evan Sharp, built the business into a public company worth $13 billion—even after the stock plunge of recent months—Silbermann lately has been grappling with falling user numbers in the U.S. No, what is...
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