Reddit IPO Potential 'Watershed' Moment For Tech Industry, Says Wedbush's Dan Ives: Expects It To Hit $1B In Revenue Next Year - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)The Reddit Inc. IPO is seen as a potential watershed moment for the tech industry by Wedbush's Dan Ives.Reddit's value lies in engagement, advertising potential, data for AI training, and the creation of category-specific communities.