Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the volatile market for shares of private companies.
I think they’ll start to realize when Reddit starts posting quarterly profits/losses and we hear about spez’s fat paychecks.
They’ll post continuous losses like every social media tech company, and then the users will really begin to feel the screws tighten so far they won’t be able to breathe anymore.