- Reddit is a social news aggregation, web content rating, and discussion website
- Reddit's registered community members can submit content, such as text posts or direct links
reddit Net worth 2024 (estimated)
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What is reddit? / Facts
- Registered users can then vote submissions up or down to organize the posts and determine their position on the site's pages
- The submissions with the most positive votes appear on the front page or the top of a category
- Content entries are organized by areas of interest called "subreddits"
- The subreddit topics include news, science, gaming, movies, music, books, fitness, food, and image-sharing, among many others
- As of 2016, Reddit had 542 million monthly visitors (234 million unique users), ranking #11 most visited web-site in US and #25 in the world
- Across 2015, Reddit saw 82.54 billion pageviews, 73.15 million submissions, 725.85 million comments, and 6.89 billion upvotes from its users
- Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian in 2005
- Condé Nast Publications acquired the site in October 2006
- Reddit became a direct subsidiary of Condé Nast's parent company, Advance Publications, in September 2011
- As of August 2012, Reddit operates as an independent entity, although Advance is still its largest shareholder
- Reddit is based in San Francisco, California
- In October 2014, Reddit raised $50 million in a funding round led by Sam Altman and including investors Marc Andreessen, Peter Thiel, Ron Conway, Snoop Dogg, and Jared Leto
- Their investment saw the company valued at $500 million
Bio / wiki sources: Wikipedia, accounts on social media, content from our users.
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