Reddit

Reddit

Online platform, enabling its users to submit links, create content, and have discussions about the topics of their interest.

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DateInvestorsAmountRound
-investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor

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N/A

$748m

Valuation: $6.4b

IPO
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues0000000000000000000000000000
% growth-37 %21 %62 %42 %28 %25 %
EBITDA0000000000000000000000000000
% EBITDA margin(26 %)(25 %)(16 %)(42 %)34 %38 %42 %
Profit0000000000000000000000000000
% profit margin(26 %)(24 %)(11 %)(37 %)14 %20 %24 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue53 %55 %55 %72 %---

Source: Company filings or news article, Equity research estimates

More about Reddit
Made with AI
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Reddit is an online platform where millions of users around the world post, vote, and comment on content within various communities organized around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has grown into a diverse family of users who share and discuss topics ranging from breaking news and sports to TV fan theories and cute animal pictures. The platform operates in the social media market and serves a wide range of clients, including individual users, advertisers, and content creators. Reddit's business model is primarily based on advertising revenue, premium memberships, and virtual goods like Reddit Coins. The platform's unique voting system allows the most interesting content to rise to the top, fostering active engagement and authentic human connections.

Keywords: user-generated content, upvotes, downvotes, communities, discussions, social media, advertising, premium memberships, virtual goods, engagement.

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Investments by Reddit

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Dubsmash
ACQUISITION by Reddit Dec 2020
RedditGifts
ACQUISITION by Reddit Aug 2011
Spell
ACQUISITION by Reddit Jun 2022
MeaningCloud
ACQUISITION by Reddit Jul 2022
Spiketrap
ACQUISITION by Reddit Sep 2022
Memorable
ACQUISITION by Reddit Aug 2024