Category: Reddit

Big Tech Companies Reddit Tech

Reddit users are valuable, even if it’s hard to milk them for dollars

sudshr47 February 12, 2019

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Reddit, the social news site, is now valued at $3 billion after raising $300 million in a series D funding round led by China’s investment holding giant Tencent, Reuters reported Monday.  

It’s weird pairing. Reddit is banned in China, and some members of its community — which is traditionally hard to keep in check — are protesting the deal. 

CNBC reacted to the news by proclaiming Reddit users “the least valuable of any social network,” based on the average revenue per user (ARPU) figure, which you get by dividing a social media site’s revenue with the number of its monthly active users (MAU).  Read more…

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Reddit confirms $300M Series D led by China’s Tencent at $3B value

sudshr47 February 11, 2019

Last week TechCrunch reported that Reddit was raising $150 million from Chinese tech giant Tencent and up to $150 million more in a Series D that would value the company at $2.7 billion pre-money or $3 billion post-money. After no-commenting on our scoop, today Reddit confirmed it’s raised $300 million at $3 billion post-money, with […]

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Startups Weekly: Spotify gets acquisitive and Instacart screws up

sudshr47 February 9, 2019

This week in startups: Turvo takes center stage, a mental health unicorn emerges and Reddit rakes in cash.

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Reddit is raising a huge round near a $3 billion valuation

sudshr47 February 5, 2019

Reddit is raising $150 million to $300 million to keep the front page of the Internet running, multiple sources tell TechCrunch. The forthcoming Series D round is said to be led by Chinese tech giant Tencent at a $2.7 billion pre-money valuation. Depending on how much follow-on cash Reddit drums up from Silicon Valley investors […]

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Culture Fail Funny Optical Illusion Reddit

15 pictures that are not at all what they seem

sudshr47 January 27, 2019

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In the age of Photoshop, you never know what photos have been edited beyond belief.  

But sometimes, weird optical illusions can occur. These photographic tricks leave our brain filling in the gaps in hilarious, weird, and sometimes raunchy ways. 

Let yourself do a double take, because not everything is as it seems. 

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