Who currently owns Reddit?

Who owns most of Reddit?

Nowadays, Reddit is a private company where many shareholders have invested. Advanced Publications are the majority shareholders of them. According to Wikipedia , in February 2019, by the led of TenCent, a $300 million funding round took Reddit’s valuation to $3 billion.

How much is Reddit worth 2021?

$6 billion
Reddit valuation

Year Valuation
2014 $0.5 billion
2017 $1.8 billion
2019 $3 billion
2021 $6 billion

Jan 11, 2022

Is Reddit publicly owned?

New technology is upending everything in finance, from saving to trading to making payments. On Dec. 15, Reddit, the self-styled “front of page of the internet” announced it was becoming a publicly-traded company and filed a confidential S-1 with the US Securities and Exchange Commission.

How much is the founder of Reddit worth?

Summary. Alexis Ohanian is an American internet entrepreneur and investor who is the co-founder of the popular social news website Reddit. He is often referred to as the “start-up guy.” As of 2022, Alexis Ohanian’s net worth is roughly $40 million.

Who is the founder of Reddit?

Steve Huffman
Aaron SwartzAlexis Ohanian
Reddit/Founders

Who produces Reddit?

Who founded Reddit? Reddit was founded in 2005 by two college friends, Steve Huffman and Alexis Ohanian. The pals were college roommates and launched the firm shortly after graduating from the University of Virginia, in Charlottesville, United States. Conde Nast acquired Reddit in 2006 for $10million.

Is Reddit owned by Amazon?

Condé Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Condé Nast’s parent company, Advance Publications….Reddit.

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Founder(s) Steve Huffman Aaron Swartz Alexis Ohanian

Who invented Reddit?

Steve Huffman
Aaron SwartzAlexis Ohanian
Reddit/Founders

Is Reddit private company?

Reddit is a private company based in San Francisco, California. It has an office in the Tenderloin neighborhood. Reddit doubled its headcount in 2017; as of 2018, it employed approximately 350 people. In 2017, the company was valued at $1.8 billion during a $200 million round of new venture funding.

Is Reddit a listed company?

Reddit Is Going Public: Here’s What Investors Need to Know.

How does Reddit make money?

The company generates revenue through advertising and an ad-free premium membership plan. Reddit operates in the application-software segment of the technology industry, providing software that allows users to share media content.

Who is Reddit CEO?

Steve Huffman (Jul 10, 2015–)Reddit / CEO

Is Reddit owned by China?

In February 2019, a $300 million funding round led by Tencent brought the company’s valuation to $3 billion….Reddit.

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Headquarters San Francisco, California, U.S.
Area served Worldwide
Owner Advance Publications (majority shareholder)
Founder(s) Steve Huffman Aaron Swartz Alexis Ohanian

Does Serena Williams husband own Reddit?

Tennis ace Serena Williams married entrepreneur and venture capitalist Alexis Ohanian in November 2016. While Serena’s net worth is estimated worth over a staggering $200 million, Ohanian hasn’t done too shabbily for himself. The co-founder of Reddit is a millionaire in his own right.

Is Reddit owned by Chinese?

In February 2019, a $300 million funding round led by Tencent brought the company’s valuation to $3 billion….Reddit.

show Screenshot
Founded June 23, 2005
Headquarters San Francisco, California, U.S.
Area served Worldwide
Owner Advance Publications (majority shareholder)

Who is the Reddit founder?

Steve Huffman
Aaron SwartzAlexis Ohanian
Reddit/Founders
The co-founder and chairman of Reddit, Alexis Ohanian, has revealed how a Yahoo executive’s nasty comment was a form of motivation for years. Mr Ohanian, who started Reddit with Steve Huffman and Aaron Swartz in 2005, was allegedly told by a Yahoo executive that Reddit was “a round error compared to us”.

Is Reddit going public Reddit?

It’s official. Reddit announced yesterday that it had confidentially filed for an IPO with the SEC, meaning that the messaging network behind r/WallStreetBets is finally going public.

Who created Reddit?

Steve Huffman
Aaron SwartzAlexis Ohanian
Reddit/Founders

Does Ohanian own Reddit?

Ohanian, who is married to tennis star Serena Williams, co-founded Reddit, which was funded by Y Combinator in 2005 and then sold the next year to Condé Nast. Ohanian returned in 2014 to help run the company, which has recently been valued at more than $6 billion.

Is Reddit a private company?

Corporate affairs Reddit is a private company based in San Francisco, California. It has an office in the Tenderloin neighborhood. Reddit doubled its headcount in 2017; as of 2018, it employed approximately 350 people. In 2017, the company was valued at $1.8 billion during a $200 million round of new venture funding.

Is Serena Williams married to a billionaire?

Ohanian is based in Florida, where he lives with his wife, tennis player Serena Williams, and their daughter, Alexis Olympia Ohanian. As of 2019, Forbes estimated Ohanian’s net worth as $70 million….

Alexis Ohanian
Spouse(s) Serena Williams ​ ( m. 2017)​
Children 1
Website Alexisohanian.com

How much did Alexis Ohanian sell Reddit for?

$10 million
Alexis Ohanian is perhaps most widely known for co-founding Reddit and selling it for $10 million 16 months later at the age of 23 (and for marrying tennis legend Serena Williams in 2017). But today he is also known as a savvy start-up investor.

What ethnicity is Serena Williams husband?

Alexis Kerry Ohanian was born in Brooklyn, New York. His paternal grandparents came to the United States as refugees after the Armenian genocide. Ohanian’s mother was from Germany. He went to Howard High School in Ellicott City, Maryland, where he gave the student address for his graduating class in 2001.

Is Alexis Ohanian smart?

Ohanian’s smart, well-spoken and obviously knows his stuff. Although he garnered his fortune by breaking into the tech industry, he was much more personable than the cliché awkward tech bros who have taken over the Bay Area.

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