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Reddit IPO Is a YC Origin Story…Microsoft’s Inflection Deal…IVP in the VC Directory

Hey, it’s Madeline. Let’s get into it. The Main ItemThe mostly-frozen tech IPO market began to show signs of life this week as global markets soared with Reddit enjoying a day as a Wall Street hero. Thursday’s IPO follows a very long and bumpy climb for Reddit from its 2005 debut as a charter member of Y Combinator.The IPO cheer began with semiconductor maker Astera Labs, which priced its shares at $36, the high end of its projected range, and closed its first trading day Wednesday up 72%. The c...

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