Sunday, January 28, 2024

Sources: Reddit is targeting a valuation "in the mid-single-digit billions" for its planned IPO in March, after raising funds at a $10B valuation in 2021 (Bloomberg)

Bloomberg:
Sources: Reddit is targeting a valuation “in the mid-single-digit billions” for its planned IPO in March, after raising funds at a $10B valuation in 2021  —  - Firm, advisers considering figure after early investor talks  — Private trades value social media company below $5 billion



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...