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Reddit is an American social news aggregation, web content rating, and discussion website. Registered members submit content to the site such as links, text posts, and images, which are then voted up or down by other members.
Created by: Alexis Ohanian
Employees: 400 (September 2018
Key people: Steve Huffman (co-founder and CEO); Jen Wong COO; Christopher Slowe CTO
Headquarters: San Francisco, California, U.S.
Founded: June 23, 2005; 14 years ago
Founders: Steve Huffman, Aaron Swartz, Alexis OhanianReddit (/ˈrɛdɪt/, stylized in its logo as reddit) is an American social news aggregation, web content rating, and discussion website. Registered members submit content to the site such as links, text posts, and images, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits", which cover a variety of topics including news, science, movies, video games, music, books, fitness, food, and image-sharing. Submissions with more up-votes appear towards the top of their subreddit and, if they receive enough up-votes, ultimately on the site's front page. Despite strict rules prohibiting harassment, Reddit's administrators spend considerable resources on moderating the siteType of business
Private
Type of site
Social news
media aggregation
Available in
Multilingual[notes
Founded
June 23, 2005; 14 years ago
Headquarters
San Francisco, California, U.S.
Area served
Worldwide
Owner
Advance Publications (majority shareholder
Founder(s)
Steve Huffman
Aaron Swartz
Alexis Ohanian
Key people
Steve Huffman (co-founder and CEO)
Jen Wong COO
Christopher Slowe CTO
Industry
Internet
media
Employees
400 (September 2018
Website
www.reddit.com
Alexa rank
Steady 18 (Global, January 2020
Advertising
Banner ads and promoted links
Registration
Optional[notes
Current status
Active
Written in
Python
React[notes
As of July 2019, Reddit ranks as the No. 5 most visited website in the U.S. and No. 13 in the world, according to Alexa Internet, with 55% of its user base coming from the United States, followed by the United Kingdom at 7.4% and Canada at 5.8%.

Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian in 2005. Condé Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Condé Nast's parent company, Advance Publications In October 2014, Reddit raised $50 million in a funding round led by Sam Altman and including investors Marc Andreessen, Peter Thiel, Ron Conway, Snoop Dogg, and Jared Leto. Their investment valued the company at $500 million then.In July 2017, Reddit raised $200 million for a $1.8 billion valuation, with Advance Publications remaining the majority stakeholder. In February 2019, a $300 million funding round led by Tencent brought the company's valuation to $4 billion.