The self-proclaimed “front page of the internet” is in talks for venture capitalists for another round of funding, which would value the popular link and photo-sharing site at $1.7 billion, reports Bloomberg. The last round of funding Reddit had was for $50 million back in 2014 from investors including Joshua Kushner, Peter Thiel, Marc Andreessen, Jared Leto, and Snoop Dogg. Reddit would not comment on the latest round of funding beyond saying that nothing has been finalized yet.
collections
NewsletterCourses and LearningAdvertiseCurrent IssueFast Government
The future of innovation and technology in government for the greater good
Most Innovative Companies
Fast Company's annual ranking of businesses that are making an outsize impact
Most Creative People
Leaders who are shaping the future of business in creative ways
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system
Innovation By Design
Celebrating the best ideas in business
Follow us:
