By Aimee Bohn Investors are eagerly waiting for the anticipated Reddit IPO. Co-founder Steve Huffman recently announced that the company has plans to go public at some point.
So, what’s the latest news on the anticipated Reddit IPO? Here’s what we know…
Reddit IPO: About The Business
The Company History
University of Virginia roommates Steve Huffman and Alexis Ohanion founded Reddit in 2005. The two wanted to build an app that could allow users to order sandwiches online. They exchanged ideas with Y Combinator in hopes that the seed funding incubator would back the idea.
The idea was shut down by Y Combinator partner Dr. Paul Graham. In …read more
