Reddit seeks to launch IPO in March
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https://www.reuters.com/markets/deals/reddit-seeks-launch-ipo-march-sources-2024-01-18/
Contrary to many in here, I don't think this will cause another exodus from reddit. those who might be concerned by this have already left or reduced their time on the platform
If Facebook hasn't had a mas exodus, neither will Reddit.
Facebooks death is slow and ongoing, and I'm pretty sure Reddit's will be too.
I don't know where you are getting your numbers. maybe it's your selection bias, but facebook's userbase keeps groing, and even if its getting less teenager engagement, those teenagers are flocking to Meta's other platform Instagram.