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Reddit Then and Now

Reddit
Reddit

Reddit is 16 years old

Launched in: June 23, 2005
Developer(s): Steve Huffman, Aaron Swartz and Alexis Ohanian
WebsitesSocial News ๐Ÿ”—

How Reddit looked like and how it is now:

Then

reddit old Reddit

Now

Reddit

Description

Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian, and Aaron Swartz in 2005. Condรฉ Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Condรฉ 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 $3 billion.

How old is Reddit ?

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Reddit is 16 years old. Reddit was founded in June 23, 2005 by Steve Huffman, Aaron Swartz and Alexis Ohanian.

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