February 8, 2021 Sophia Vida

Reddit’s Valuation Has Doubled After Raising $250M in New Funding

Reddit, the popular discussion website that helped send shares of Gamestop skyrocketing, has just doubled its valuation to $6 billion after a new $250 million round of funding. The social media company’s Chief Executive Officer, Steve Huffman, has said to Wall Street Journal (WSJ) that it is a good market to raise funds. “Valuations are … Continue reading “Reddit’s Valuation Has Doubled After Raising $250M in New Funding”