How to Buy Reddit Stock Before It Goes Public in 2024

Reddit is a representative site of the internet community. On Reddit, you can discuss various topics, share information, and rate content. Reddit was founded in 2005 and is currently one of the most visited websites in the world.

Reddit also has a great influence on the stock market. Recently, there was a lot of discussion about stock investing on one of Reddit's subreddits, r/WallStreetBets. The members of this subreddit mainly buy and sell undervalued stocks or options, challenging institutional investors. Their activities caused huge fluctuations in the stock prices of GameStop, AMC, BlackBerry, and others.

With the influence and popularity of Reddit, many people want to buy Reddit stock. However, Reddit is not yet a public company, so ordinary people cannot buy Reddit stock directly. Reddit received $300 million in investment in 2019 and was valued at $3 billion at that time. Reddit has a high potential for growth, so it may go public someday.

Just because you can't buy Reddit stock directly doesn't mean you can't buy stocks related to Reddit. 

Here are some ways to buy stocks related to Reddit.

- Buy stock of The Walt Disney Company, the parent company of Twentieth Century Fox, one of Reddit's major investors. Disney invested $150 million in Reddit and owns more than 10% of Reddit's stake. Disney's stock is listed on the New York Stock Exchange (NYSE) and its ticker symbol is DIS.

- Buy stocks of websites that have a lot of traffic on Reddit. For example, you can buy stocks of Netflix, Microsoft, Apple, Amazon, and others that are often mentioned on Reddit. These stocks are listed on NASDAQ and their ticker symbols are NFLX, MSFT, AAPL, AMZN, respectively.

- Buy stocks that Reddit's community prefers. Reddit's r/WallStreetBets subreddit recommends, discusses, and evaluates popular stocks every day. The members of this subreddit usually trade high-risk high-reward stocks or options, so you should research, analyze, and judge well before following their recommendations. Also, you should consider whether you can afford the loss, as these stocks are very volatile.

We have looked at some ways to buy Reddit stock. Reddit is not yet a public company, so you can't buy Reddit stock directly. But you can buy stocks related to Reddit or stocks that Reddit's community prefers. If you want to buy Reddit stock, please refer to this article.

In addition to the above information, you may also want to know the latest news about Reddit's IPO. According to Bloomberg, Reddit is holding talks with potential investors for an IPO next year. The IPO could happen as early as the first quarter of 2024. Reddit has also chosen its future home: The New York Stock Exchange. However, Reddit faces fierce competition from other social media platforms such as Meta, TikTok, and Pinterest. It remains to be seen whether Reddit can achieve profitability and growth by raising billions through an IPO. Reddit's IPO will be an interesting event for many investors, especially those who follow r/WallStreetBets.