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Reddit Valued at $6 Billion

By Kate Clark
· · Source: The Information

Online news aggregator and discussion forum Reddit has raised $250 million in new funding at a $6 billion valuation, the company said on Monday. The new financing comes shortly after thousands of Reddit users—members of the company’s Wall Street-focused community—banded together to send GameStop stock prices to record highs. Discussions in the group led to wild swings of other stocks and forced...

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The emerging creator economy is exciting. For the first time ever, more of us can turn our expertise, interests, curiosity or craft into an ongoing income stream funded by 1,000 or even 100 true fans. There’s only one problem. While it’s easy to start a newsletter, podcast or online course, it turns out that running a content business is hard. Really hard. In fact, content may be...
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