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Reddit Taps Morgan Stanley and Goldman Sachs for IPO

  • Social media company could go public as soon as March
  • Reddit could be valued at as much as $15 billion in listing
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Reddit Taps Morgan Stanley and Goldman Sachs for IPO

Reddit Inc., the social media company that helped fuel 2021’s meme stock frenzy, is working with Morgan Stanley and Goldman Sachs Group Inc. to go public as soon as March, according to people with knowledge of the matter.

Reddit could be valued at as much as $15 billion in an initial public offering, the people said, asking not to be identified discussing private information.