(2019-02-05) Reddit Is Raising A Huge Round Near A $3 Billion Valuation
330 million monthly active users now frequent its 150,000 Subreddits
supporting and moderating all that content isn’t cheap. The company had 350 employees just under a year ago, and is headquartered in pricey San Francisco — though in one of its cheaper but troubled neighborhoods. Until Reddit’s newer ad products rev up, it’s still relying on venture capital.
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