Reddit raises $410M in new funding

Re:Reddit raises $410M in new funding by TheRealDunkirk on Thursday August 12, 2021 @05:37PM (#28161849)

If they were making money, they wouldn't have to keep taking VC money, and further diluting their ownership.

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Re:Reddit raises $410M in new funding by id5j1ynz on Thursday August 12, 2021 @11:17PM (#28165006)

Having 10% stake in a 10b company is often better than having a 15% stake in a 5b one.

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Re:Reddit raises $410M in new funding by Ekaros on Friday August 13, 2021 @02:27AM (#28166077)

Now, question is does further investment on site like Reddit make them more valuable or just keep it running?

This leads me to wonder if the stock market goes down and VC dries up how long will Reddit be around?

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