Reddit Raises $250M, Valuation Doubles to $6B

Feb 9, 2021

Reddit raised $250 million during its latest fundraising round, doubling the social media platform’s valuation to $6 billion.

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Reddit raised $250 million during its latest fundraising round, doubling the social media platform’s valuation to $6 billion. The major fundraising round occurred after WallStreetBets, one of Reddit’s many communities, made headlines for causing upheaval on Wall Street in recent weeks. “The Hash” panel discusses Reddit’s recent forays into crypto.

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