Reddit is Reportedly Looking to go Public

  • The 12 year old company’s CEO, Steve Huffman, stated that going public is the only responsible choice
  • Reddit previously sold itself to Conde Nest in 2006 after a round of funding, which Conde Nest ultimately spun out in 2012
  • As of today, Reddit is valued at $1.8 billion and is the 8th most popular site on the internet