Reddit

reddit.com

Social Media

Founded: 2005

Last Round Valuation: $10.02B

Reddit is a vast network of over 100,000 communities that cater to a diverse range of interests, hobbies, and passions. It offers a platform where users can submit, vote, and comment on content related to the topics they care about the most. The company, which is headquartered in San Francisco, California, was founded in 2005 by Aaron Swartz, Alexis Ohanian, and Steve Huffman.

Reddit Overview:

Reddit is a popular social media platform that allows users to share content and engage in discussions on a wide range of topics. The site is organized into more than 100,000 individual communities, or subreddits, each focused on a specific theme or subject matter.

Users of Reddit can submit links, images, and other content to the site, which other users can then vote up or down based on their interest and relevance. This voting system, combined with active moderation by community moderators and administrators, helps to ensure that the most interesting and valuable content rises to the top of each subreddit.

In addition to the core features of content submission and voting, Reddit also offers a robust commenting system that allows users to engage in discussions around specific topics or posts. This commenting system can be used to ask questions, share personal experiences, and debate various viewpoints, making Reddit a popular destination for engaging in online conversations and debates.

One of the unique features of Reddit is its community-driven approach to content curation and moderation. Each subreddit is managed by a team of moderators, who are responsible for enforcing the subreddit's rules and ensuring that discussions remain civil and productive.

These moderators are typically volunteers from within the community, and they play an important role in shaping the tone and culture of each subreddit.

Reddit was founded in 2005 by Aaron Swartz, Alexis Ohanian, and Steve Huffman, and is headquartered in San Francisco, California. Over the years, the site has grown to become one of the most popular destinations on the internet, with millions of active users engaging in discussions and sharing content on a daily basis.

Founders:

  • Aaron Swartz

  • Alexis Ohanian

  • Steve Huffman

Top Investors:

  • Tencent Holdings

  • Sequoia Capital

  • Andreessen Horowitz

  • Fidelity Investments

  • Coatue Management

  • Y Combinator

  • Sam Altman

  • Jared Leto

  • Peter Thiel

  • Marc Andreessen

Funding History:

August 2021

August 2021

February 2021

February 2019

February 2019

July 2017

September 2014

November 2012

November 2012


Round/Date

Funding Amount

Post Money Valuation

$178.46 Million

$231.54 Million

$367.95 Million

$150 Million

$150 Million

$158.9 Million

$50.00 Million

$20.00 Million

$679.97 Thousand

$10.02 Billion

$10.02 Billion

$5.63 Billion

$3.3 Billion

$3.3 Billion

$1.8 Billion

$500 Million

$399 Million

$400.65 Million

In the News:

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