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>> REDDIT Latest News

26 MINS AGO - Yahoo! News

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Reddit gets $50 million in funding, will share bounty with community

In true Reddit fashion, the social news site says it will share 10 percent of equity from the Series B funding round with its community members.>

Tags: Reddit gets $50 million in funding, will share bounty with community,  Reddit Latest News

36 MINS AGO - Yahoo! News

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Reddit raises $50 mn - with users cut in on the action

San Francisco (AFP) - Social news sharing site Reddit on Tuesday announced it had raised $50 million from investors who agreed that, this time, members of its community would get a piece of the action.

Tags: Reddit raises $50 mn - with users cut in on the action,  Reddit Latest News

1 HOUR AGO - VentureBeat

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Reddit CEO on new $50M round, ‘selling out,’ and putting his own money at stake (interview)

Editor's Pick: Yishan Wong attempts to put things into perspective -- as well as assure those diehard Reddit users that the $50 million in the bank won't change the site's core values.

Tags: Reddit CEO on new $50M round, ‘selling out,’ and putting his own money at stake (interview),  Reddit Latest News

1 HOUR AGO - SocialTimes.com

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Reddit Closes $50 Million Round, Will Give 10% Back to Users

Reddit announced a $50 million funding round on Tuesday, led by Sam Altman, president of Y Combinator. Other notable investors include Peter Thiel, Jared Leto, Snoop Dogg and Reddit CEO Yishan Wong. From the announcement: We’re planning to use this money to hire more staff for product development, expand our community management team, build out better moderation and community tools, ...

Tags: Reddit Closes $50 Million Round, Will Give 10% Back to Users,  Reddit Latest News

2 HOURS AGO - WebProNews

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Reddit Raises New $50 Million Round Of Funding

Reddit said on Tuesday that it has closed a new $50 million round of outside funding led by Y Combinator President Sam Altman with participation from Sequoia Capital’s Alfred Lin and Andreessen Horowitz’s Marc Andreessen. Other investors mentioned further down …

Tags: Reddit Raises New $50 Million Round Of Funding,  Reddit Latest News