Conditional on Reddit listing each amount resolves YES if Reddit market capitalization exceeds that amount on the close of its first day of public trading (via IPO, SPAC, direct listing), else No.
All amounts resolve N/A if Reddit has not listed by 2030, I may resolve N/A early if an IPO seems v. unlikely/impossible (e.g. bankruptcy, acquisition)
Related market on timing:
/CameronHolmes/by-when-will-reddit-ipo
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ412 | |
| 2 | Ṁ98 | |
| 3 | Ṁ62 | |
| 4 | Ṁ54 | |
| 5 | Ṁ40 |
https://www.cnbc.com/2024/03/21/reddit-ipo-rddt-starts-trading-on-nyse.html
The stock opened at $47 and reached a high of $57.80, marking a 70% increase at its peak for the day. It closed at $50.44, giving the company a market cap of about $9.5 billion.
Arbitrage opportunity: https://manifold.markets/notarealuser/what-will-be-the-reddit-ipo-valuati