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.
It’s not that much for a tech company with such a big user base
It has no profit, no path to profit and most the users are bots. If advertisers paid attention, they’d realize it’s with next to nothing