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Reddit raises $250 million in Series E funding, company now valued $6 billion
Reddit closed a $250 million Series E funding. This has now upped the valuation of the discussion platform to around $6 billion. Reddit said both new and existing investors funded the latest round. Reddit had its Series A funding in 2005 and the last – Series D – funding in 2019, when it raised $300 million. The platform boasts of over 50 million daily active users taking part in discussions.
LEFTwww.nytimes.com
Jim Boi
2 months
Could have gotten more if Robinhood didn’t side with the hedge funds.
Dagelf
2 months
Propaganda sponsorship hidden in plain sight.
Vark
2 months
Reddit is nothing but a place for corporations to upvote targeted advertisements whilst Chinese government has a 40% share.
Top in Business
Vould have made more if they didn't go out of their way to kick conservatives off the platform