Categories: Blog post

Reddit doubles valuation to $6B amid WallStreetBets, GameStop frenzy

Reddit has doubled its valuation to $6 billion as the social network’s role in the recent stock market revolution thrust it into the spotlight. San Francisco-based Reddit said Monday that it raised more than $250 million in additional funding from a group of new and existing investors led by venture-capital firm Vy Capital. The financing…
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