"Reddit's Explosive IPO and Fed's Rate Decision: Key Takeaways"

1 min read
Source: Business Insider
"Reddit's Explosive IPO and Fed's Rate Decision: Key Takeaways"
Photo: Business Insider
TL;DR Summary

Reddit's co-founder, Alexis Ohanian, publicly called out Initialized Capital, a VC firm he co-founded, for not congratulating him by name on the company's IPO. The feud unfolded on social media, with Ohanian expressing disappointment at the firm's post and tagging the involved parties. This public clash comes amidst Reddit's successful IPO debut on the New York Stock Exchange, with tensions surfacing between Ohanian and his former business partners.

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