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18 points

Everyone else got a sweet IPO cash out during covid, now he wants his millions too

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9 points

He waited too long. Reddit was probably booming then. He should have ridden that high into an IPO and started the process in mid/late-2020 once WFH started taking off.

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9 points

IIRC they started trying right when IPOs were hot and couldn’t finalize the backing before the bubble popped

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3 points

And he sold reddit when it had 75000 users.

THEN came back not as owner but CEO.

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Reddit Migration

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### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

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