Reddit's down round IPO is a signal that rationality is slowly returning to VC and could encourage other tech companies looking to go public do the same (Tabby Kinder/Financial Times)

Tabby Kinder / Financial Times:

Reddit’s down round IPO is a signal that rationality is slowly returning to VC and could encourage other tech companies looking to go public do the same  —  Companies and their backers are starting to show more signs of acceptance of valuation cuts in ‘down round’ financing