this post was submitted on 18 Jan 2024
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Reddit seeks to launch IPO in March (www.reuters.com)
submitted 7 months ago by ardi62@lemmy.wtf to c/reddit@lemmy.ml
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[–] Bonehead@kbin.social 14 points 7 months ago

Of course spez is cashing out. That was the whole point of returning as CEO after Ellen Pao was sacrificed to cleanse the site and make it investor friendly. He just wants to cash out more than the $6 million he got the first time.