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I'm convinced Reddit will never IPO because it will have to open its books, and that a large chunk of their revenue comes from direct payments for astroturfing. It must be at least tempting for them - and it's not like anyone would notice on r/politics or any of the other big subs.

Reddit's majority share holder is a massive publishing conglomerate. Why would they IPO...

https://en.m.wikipedia.org/wiki/Advance_Publications


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