Comment on Reddit gets ready for IPO, setting a top valuation of $6.4 billion

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stealth_cookies@lemmy.ca ⁨9⁩ ⁨months⁩ ago

That means that over and above whatever debts they have, they think the market values the data their users have given them is worth that much. That said, if Google is only paying then $60M/year for access to that data, they are going to need a lot of customers like that to reach $6.4B valuation.

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