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Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)

submitted 8 months ago by jeze@lemm.ee to c/technology@lemmy.world

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[–] ShepherdPie@midwest.social 20 points 8 months ago (7 children)

I'd laugh about this but then I remember that someone recently bought Yahoo for $5B

[–] RGB3x3@lemmy.world 5 points 8 months ago (6 children)

Who's the moron that bought Yahoo for that much? Anybody using yahoo mail is going to be dead or not need email in 10 years and yahoo answers doesn't exist anymore.

So what value could that company possibly have?

[–] Wrench@lemmy.world 7 points 8 months ago (3 children)

I don't know the current trends, but yahoo was a powerhouse in Asia for a very long time. The primary search engine, news, Email provider.

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