Reddit is targeting a price range of $31 to $34 per share, which could translate to a valuation of up to $6.5 billion.
With Buckley stepping down, it remains to be seen if his successor will continue in his footsteps or open the doors for innovation.
The CEO noted that beyond the eToro IPO, the firm has prioritized product enhancements in 2023, focusing on advanced trading experiences and technical analysis features for its user base.
In the filing, Reddit also mentioned its intention to offer shares to some of its most active users.
Hack VC intends to fund early-stage Web3 projects with as low as a few hundred thousand dollars to several millions of dollars depending on the developers’ conviction.
The CoinDesk takeover by Bullish has resulted in a few changes, including the departure of the CEO among other key staff.
The strategic decision by FTX to sell its Anthropic holdings comes at a time when the AI firm’s valuations have been soaring past $18 billion.
Pixelmon appears to be well on its path to recovery given the support it has received from other credible Web3.0 projects that participated in the latest seed round.
Uncorrelated Ventures will dedicate 80% of the fund to early-stage startups in traditional infrastructure software.
Portal aims to use the fresh funding to debut its products on the mainnet and foster the expansion of its ecosystem. The Bitcoin-based DEX distinguishes itself by not holding user funds in any capacity, whether through single or multiple signatures.
With several products in the pipeline, the Forgotten Playland team is confident the ecosystem will grow exponentially in the coming years.
As part of the planned IPO Reddit intends to sell approximately 10% of its shares. And it is a decision that will significantly influence the final IPO valuation.
As in previous fundraising rounds, Sygnum employees took part in the round as personal investors.
The fund will focus on growth-stage startups in three main areas like infrastructure, blockchain and financial services and smaller categories such as Web3 gaming, NFTs, and the Metaverse.
Plural aims to be a more effective partner for European startups than traditional venture capital funds.