Tag: Reddit

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Sam Altman’s Reddit stake worth over $600 million after NYSE debut

OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015.His Reddit ownership is...

Big week for tech IPOs like Reddit boosts Morgan Stanley after lull

The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the...

Reddit prices IPO at $34 per share, valuing company at $6.5 billion

In this photo illustration a Reddit logo is seen displayed on a smartphone.Mateusz Slodkowski | Sopa Images | Lightrocket | Getty ImagesReddit, the...

OpenAI CEO Sam Altman stands to net millions as Reddit goes public

OpenAI CEO Sam Altman speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.Stefan Wermuth | Bloomberg | Getty ImagesOpenAI...

Reddit files to list IPO on NYSE under the ticker RDDT

Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans...

Minecraft developers quit Reddit after its controversial API changes

Pavlo Gonchar | SOPA Images | LightRocket | Getty ImagesIn the latest blow to Reddit after its controversial billing changes, the makers of...