Illustration of a Reddit logo on a mobile phone with a laptop behind it
Reddit filed to go public on Thursday, years after it first launched in 2005.
  • Last year, Reddit moderators protested against site changes that restricted third-party app access.
  • Thousands of subreddits went private, locking the public from viewing popular forums.
  • In its S-1 filing ahead of its planned IPO, the company admitted that a moderator revolt is one risk factor.

Years after the website's launch, Reddit, an online message board platform, is preparing to go public next month.