Is Reddit's IPO worth it? The social media site is aiming to go public “out of necessity,” says Northeastern finance expert
Reddit aims to go public and allow some users to buy shares, with a targeting a valuation of about $6.5 billion. D'Amore-Mckim Associate Professor of Finance, John Bai, suggests that Reddit's decision to go public and potentially allow users to buy shares could stem from necessity rather than choice.