Reddit

Reddit is a social platform where users can share and discuss news and content.

Registered Reddit users can share links, text, posts, and images that are voted "up" and "down" by other users. Posts are organized into "subreddits," user-created forums covering specific topics such as politics, science, movies, sports, cooking, etc.

Today, Reddit ranks as the 18th most visited website globally with over 57 million active daily users. In August 2021, the company was valued at 10 billion USD. Reddit's success is attributed to its community-oriented approach, democratic content ranking system, and wide diversity of topics, attracting and engaging millions of users worldwide from various backgrounds.



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About the investment

Invested in an secondary-market transaction in November 2020. Exited through the companys IPO in Marach 2024.

Founders

Steve Huffman

Website

www.reddit.com

Social media