August 01, 2014 4:39 AM ET

Internet Software and Services

Company Overview of Reddit, Inc.

Company Overview

Reddit, Inc. operates a social sharing and aggregation Website. The company publicizes online items recommended by members. Its service aggregates news stories submitted by users and filters those submissions based on user votes. It also offers a personalized filter on the day's story using previous votes to determine what new things the user might like to read. The company was founded in 2005 and is based in San Francisco, California. As of January 17, 2014, Reddit, Inc. operates as a subsidiary of Advance Publications, Inc.

520 Third Street

Suite 305

San Francisco, CA 94107

United States

Founded in 2005

Key Executives for Reddit, Inc.

Chief Executive Officer
Vice President of Partnerships
Compensation as of Fiscal Year 2014.

Reddit, Inc. Key Developments

Reddit, Inc. Appoints Ellen Pao as Vice President of Partnerships

Ellen Pao, formerly of Kleiner Perkins Caufield & Byers, is now vice president of partnerships at Reddit. Pao was junior partner at Kleiner Perkins, which she joined in 2005 and in October filed a gender discrimination suit against. The case is ongoing.

Reddit Reportedly Seeks Investors

Reddit, Inc. is reportedly up for sale. Reddit is rumored to be again looking for new investors but this time at a price tag which is double what it was said to be seeking the last time around.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 1, 2014
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