Reddit announced a new $300 funding round valuing the company at an astounding $3 billion. The valuation is amazing considering that Reddit has been around for quite a while and is presumably past its high growth phase.
In 2005, Steve Huffman and Alexis Ohanian co-founded reddit – surely unaware of what the site would become. In a year, reddit would become a Conde Nast property. As of today, reddit is seeing over six billion pageviews a month…
Join Millions of Business, Marketing and Technology Professionals and subscribe to our newsletters: