How much did Alexis sell Reddit for?
How much did Alexis sell Reddit for?
Alexis Ohanian: from Reddit to smart investments When he was just 22, Ohanian co-founded the social media platform Reddit with his friend Steve Huffman. In 2006, they reportedly sold it for at least US$10 million.
How much did they sell Reddit for?
If the post receives a lot of attention, it may be featured on /r/all, the front page. A year after launch, Reddit sold to Conde Nast Publications for $20 million.
Who is the current CEO of Reddit?
Does Snoop Dogg own Reddit?
Reddit. You might not realize it, but Snoop Dogg has been a co-owner of Reddit, one of the most popular companies on the internet, since 2014. Co-founded by Steve Huffman and Alexis Ohanian in 2005, he joined forces with other investors to give the company a $50 million cash infusion.
Is Reddit making a profit?
Reddit makes money by selling advertising space on the site and its ad-free premium membership plan.
Does Serena’s husband own Reddit?
The father-of-one earned his fortune as a technology entrepreneur and investor of multiple online social media websites, including Reddit. Ohanian is the co-founder of Reddit and formerly served on the site’s board as the executive chairman.
