Reddit seeking a valuation of up to $6.5B in IPO

> Employees will be allowed to sell Reddit stock during the offering, the source added.

Anybody know if this was explicitly discussed internally or just offered top down? There's usually some lock out period for employees and this type of "dump on day one" deal smells funny.

Because they know it’s overvalued & will want to jump ship immediately

Reddit is only worth three-fiddy. (If you're lucky)

Don't waste your money on it. Or .... only spend what you have spare to lose.

Alternatively, Reddit is so useful as a place to push propaganda that it'll never be allowed to fail and will always propped up in one way or the other so maybe it's a safer bet than you'd expect.

and will always propped up in one way or the other

Maybe so. but that doesn't indicate it will be a good investment.

With all these IPOs how does one find out when the stock will actually go on sale?

I read these announcements and they never have an actual date.