- Total
- General
- Arts
- Book
- Culture
- Economy
- Essay
- Fun/Joke
- History
- Hobbies
- Info
- Life
- Medical
- Movie
- Music
- Nature
- News
- Notice
- Opinion
- Philosophy
- Photo
- Poem
- Politics
- Science
- Sports
- Travel
Culture What is Reddit?
2021.02.03 10:13
From Wikipedia, the free encyclopedia
Jump to navigationJump to search
For the community in Ontario, see Redditt.
 |
|
| show
Screenshot |
|
| Type of business | Private |
|---|---|
|
Type of site |
Social news |
| Available in | Multilingual[notes 1] |
| Founded | June 23, 2005; 15 years ago[1] |
| Headquarters | San Francisco, California, U.S. |
| Area served | Worldwide |
| Owner | Advance Publications (majority shareholder)[2] |
| Founder(s) | |
| Key people |
|
| Industry | |
| Revenue | Around US$100 million(2018)[3] |
| Employees | 400 (September 2018)[4] |
| URL | reddit.com |
| Advertising | Banner ads and promoted links |
| Commercial | Yes |
| Registration | Optional[notes 2] |
| Current status | Active |
| Written in | |
Reddit (/ˈrɛdɪt/, stylized in all lowercase) is a social news aggregation, web content rating, and discussion website.
Registered members submit content to the site such as links, text posts, and images, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "communities" or "subreddits", which cover a variety of topics such as news, politics, science, movies, video games, music, books, sports, fitness, cooking, pets, and image-sharing. Submissions with more up-votes appear towards the top of their subreddit and, if they receive enough up-votes, ultimately on the site's front page. Despite strict rules prohibiting harassment, Reddit's administrators spend considerable resources on moderating the site.[5]
As of February 2021, Reddit ranks as the 18th-most-visited website in the world and 7th most-visited website in the US, according to Alexa Internet. About 42-49.3% of its user base comes from the United States, followed by the United Kingdom at 7.9-8.2% and Canada at 5.2-7.8%.[6][7]
Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian, and Aaron Swartz[8][9] in 2005. Condé Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Condé Nast's parent company, Advance Publications.[10] 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.[11] Their investment valued the company at $500 million then.[12][13]In July 2017, Reddit raised $200 million for a $1.8 billion valuation, with Advance Publications remaining the majority stakeholder.[14] In February 2019, a $300 million funding round led by Tencent brought the company's valuation to $3 billion.[15]
Comment 2
-
I think our freeboard can become a Reddit and Subreddit if it has a more broad audience
and motivation. Unfortunately, WSB is no longer a small ordinary investor.
In my opinion, they are becoming competing element who has much more knowledge ontrading than ordinary investors against the establishment.
What is Reddit WallStreetBets?
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and options trading.
Reddit explained
It is a social platform where users submit posts that other users 'upvote' or 'downvote' based on if they like it. If a post gets lots of upvotes it moves up the Reddit rankings so that more people can see it. If it gets downvoted it quickly falls and disappears from most people's view.
What is a subreddit?
A subreddit is a specific online community, and the posts associated with it, on the social media website Reddit. Subreddits are dedicated to a particular topic that people write about, and they're denoted by /r/, followed by the subreddit's name, e.g., /r/gaming.