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Monday, 18 March 2024

Sources: Reddit's IPO is currently between four and five times oversubscribed, making it more likely the company will reach its targeted $6.5B valuation (Echo Wang/Reuters)

Echo Wang / Reuters:
Sources: Reddit's IPO is currently between four and five times oversubscribed, making it more likely the company will reach its targeted $6.5B valuation  —  Reddit's (RDDT.N) initial public offering is currently between four and five times oversubscribed, people familiar with the matter said on Sunday …



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...