Reddit, a social media platform, faced a tumultuous journey leading up to its upcoming initial public offering (IPO). After experiencing a leadership crisis, co-founder Steve Huffman returned to steer the company. Despite challenges including a revolving door of CEOs, complex ownership, and technological setbacks, Reddit is poised to go public. Under Huffman's leadership, the company's revenues surged, but it faced obstacles such as a user revolt over fee increases. The company aims to raise $748 million in its IPO, but faces skepticism from some potential investors. Reddit's IPO is a departure from recent AI-focused offerings, as it represents an older era of social media. Despite its rocky history, the company seems on track to enter the public markets.