In its filing to the SEC, Reddit plans to raise up to $748 million as it sells about 22 million shares - of which 15.3 million will be Class A common shares. The range for the launch is between $31 to $34 per share, with the fully diluted valuation being near $6.5 billion if taking the top end of the range.This is going to be one of more anticipated launches as it also represents the first major tech IPO for the year. And considering where the market is trading, the interest could be taken as a litmus test for overall sentiment.But a key distinction here is that Reddit is more of a social media platform/forum at best. I won't be one to deny that I browse through it every day as the Subreddit
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