- cross-posted to:
- internet@lemmy.eco.br
- cross-posted to:
- internet@lemmy.eco.br
Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.
15 billion? Lol, wow. That’s about 14.5 billion more than I’d say they’re worth.
You think they’re even worth half a billion?
Good point, it’ll be good to see their public revenue sheets when they reach that point, 500 mil seems like a lot for the site but it is global so maybe there’s more cash flow outside the US.
In Brazil they are very small, but they have some impact. Most because of the mods though.
Not the company, the data. For training ML