Status
Acquired by Condé Nast on October 1, 2006
Funding Received
$100 Thousand in 1 Round from 1 Investor
Founded:
2005
Headquarters:
San Francisco, CA
Description:
Reddit is a social news and entertainment site that displays content based on the user's personal preferences and what the community likes.
Founders:
Aaron Swartz, Steve Huffman, Alexis Ohanian
Categories:
Law Enforcement, Social Media, News
Website:
http://reddit.com

Detailed Description

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Launched in 2005, Reddit is a social news website that displays news based on your personal preferences and what the community likes. Your preferences are determined based on your history of voting stories up or down.

The company was started by two University of Virginia grads, Alexis Ohanian and Steve Huffman in the Y Combinator program. Two others, Christopher Slowe and Aaron Swartz, later joined the team.

Conde Nast, owner of Wired and other magazines/websites, acquired Reddit in October of 2006. Reddit competitors include Digg, Netscape and Newsvine.

In February 2008, Reddit began experimenting with allowing users to create their own 'subreddits,' such as shutupandtakemymoney and todayilearned.

In September 2011, the company changed hands from Condé Nast to its parent company, Advanced Publications. As part of the new structure, reddit incorporated and now reports directly to a board, including Alexis Ohanian , Bob Sauerberg (President), Joe Simon (Chief Technology Officer) from Condé Nast, and Andrew Siegel (Senior Vice President, Strategy and Corporate Development) from Advance.

Current Team (5)

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Past Team (6)

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Funding Rounds (1) - $100k

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Investments (1)

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Products (1)

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  • Qd8mlou9ekucnwdgwpwi

    Reddit

    While Reddit is often compared to Digg, the two sites have some key differences. Reddit has a...

Acquisitions (1)

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Investors (1)

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  • 53204721d16c944526ae033cd8cb17c2

    Y Combinator

    Y Combinator is a seed accelerator that provides financing services and business consulting to...

Offices/Locations (1)

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  • Office

    520 3rd St

    San Francisco, CA 94107

    USA

Competitors (16)

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  • D178ce766465590399e769844177873a

    StumbleUpon

    StumbleUpon is a discovery engine that finds and recommends personalized web content to its users.
  • Cf8d1587ec60f813f24b6f7c0df8f37d

    RatherGather

    The RatherGather Network aims to bring current and interesting news to your fingertips in a...
  • 4ea9fa743addb6ae02a014928868cc06

    Link Spank

    LinkSpank is a content sharing site similar to Digg and Reddit. If you find a website that you...
  • 171b2608d6de007a16f4f9829efdc559

    quippd

    Collaborative social news
  • Qoxtre5wt5kwlillm4yi

    Tawkers

    Tawkers, social discussion platform, allows two people to have a public instant message...
  • F9e646ac24fbbed0dd7b0a32518ec07e

    Boxnutt

    Boxnutt provides an online platform that allows users to discover and share trending topics on...
  • 4a321213d8137f85591372b51993c94f

    Subbmitt

    Subbmitt.com is a social news site similiar to Digg or Mixx, except that on Subbmitt, all...
  • 89425f1d8a66a5f5afb7028e62020f09

    slinkset

    Slinkset is a free online tool that allows users to create their own message board sites in...

Images (1)

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  • 0fbede7e4151d68d06235c0234e8d763