The leader in discussion forums is considering an IPO in March which would value it at $5 billion. If it succeeds, it would be the first listing of a social application giant since Pinterest in 2019.
Steve Huffman, co-founder who returned to the helm in 2015, now plans to complete the operation at the end of March. The manager hopes to sell 10% of his personal shares. But the timetable and objective of the IPO may still evolve depending on market conditions. It is a long way from the atmosphere that prevailed in 2021.