70 Facts About Reddit

Reddit is an American social news aggregation, content rating, and discussion website.

Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian, with Aaron Swartz, in 2005.

In 2011, Reddit became an independent subsidiary of Conde Nast's parent company, Advance Publications.

In October 2014, Reddit raised $50 million in a funding round led by Sam Altman and including investors Marc Andreessen, Peter Thiel, Ron Conway, Snoop Dogg, and Jared Leto.

Idea and initial development of Reddit originated with at the time college roommates Steve Huffman and Alexis Ohanian in 2005.

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Between November 2005 and January 2006, Reddit merged with Aaron Swartz's company Infogami, and Swartz became an equal owner of the resulting parent company, Not A Bug.

Reddit launched two different ways of advertising on the site in 2009.

Reddit launched sponsored content and a self-serve ads platform that year.

Reddit launched its Reddit Gold benefits program in July 2010, which offered new features to editors and created a new revenue stream for the business that did not rely on banner ads.

On September 6, 2011, Reddit became operationally independent of Conde Nast, operating as a separate subsidiary of its parent company, Advance Publications.

In May 2012, Reddit joined the Internet Defense League, a group formed to organize future protests.

Also during this time, Reddit began accepting the digital currency Bitcoin for its Reddit Gold subscription service through a partnership with bitcoin payment processor Coinbase in February 2013.

Reddit launched a major redesign of its website in April 2018.

On December 13, 2020, Reddit announced it had acquired short-form video social platform Dubsmash, hiring its entire team, with the intention of integrating its video creation tools into Reddit.

On March 5, 2021, Reddit announced that it had appointed Drew Vollero, who has worked at Snapchat's parent company Snap, as its first Chief Financial Officer weeks after the site was thrust into the spotlight due to its role in the GameStop trading frenzy.

In December 2021, Reddit revealed that it had confidentially filed for an initial public offering with the U S Securities and Exchange Commission.

In June 2022, Reddit acquired MeaningCloud, a natural language processing company.

Reddit is a website comprising user-generated content—including photos, videos, links, and text-based posts—and discussions of this content in what is essentially a bulletin board system.

The name "Reddit" is a play-on-words with the phrase "read it", i e, "I read it on Reddit.

Reddit Premium is a premium membership that allows users to view the site ad-free.

Reddit Public Access Network, commonly known as RPAN, is a live streaming service run by Reddit.

On January 28, 2021 Reddit permanently increased streaming times to three hours.

In 2017, Reddit developed its own real-time chat software for the site.

In 2019, Reddit tested a new feature which allowed users to tip others.

Reddit Talk was announced in April 2021 as a competitor to Clubhouse.

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Reddit Talk lets subreddit moderators start audio meeting rooms that mimick Clubhouse in design.

In 2022, Reddit Talk was updated to support recording audio rooms and work on the web version of Reddit.

Reddit was originally written in Common Lisp but was rewritten in Python in December 2005 for wider access to code libraries and greater development flexibility.

Reddit was an open source project from June 18, 2008, until 2017.

In 2010, Reddit released its first mobile web interface for easier reading and navigating the website on touch screen devices.

In October 2014, Reddit acquired one of them, Alien Blue, which became the official iOS Reddit app.

Reddit removed Alien Blue and released its official application, Reddit: The Official App, on Google Play and the iOS App Store in April 2016.

Reddit rolled out its multireddit feature, the site's biggest change to its front page in years, in 2013.

In 2015, Reddit enabled embedding, so users could share Reddit content on other sites.

In 2016, Reddit began hosting images using a new image uploading tool, a move that shifted away from the uploading service Imgur that had been the de facto service.

In late 2017, Reddit declared it wanted to be a mobile-first site, launching several changes to its apps for iOS and Android.

Reddit launched its redesigned website in 2018, with its first major visual update in a decade.

The goal was not only for Reddit to improve its appearance, but to make it easier to accommodate a new generation of Reddit users.

When Reddit revamped its website in April 2018, the company imposed several restrictions on how Snoo can be designed: Snoo's head "should always appear blank or neutral", Snoo's eyes are orange-red, and Snoo cannot have fingers.

Reddit is a private company based in San Francisco, California.

Reddit doubled its headcount in 2017; as of 2018, it employed approximately 350 people.

Reddit was previously owned by Conde Nast, but was spun off as an independent company.

Reddit generates revenue in part through advertising and premium memberships that remove ads from the site.

Reddit offers new mothers, fathers, and adoptive parents up to 16 weeks of parental leave.

Reddit is looking to hire investment bankers and lawyers to assist in making an initial public offering, which is expected in 2022.

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In December 2021, Reddit announced they had filed a draft registration statement with the SEC regarding their prospective IPO.

In February 2013, Betabeat published a post that recognized the influx of multinational corporations like Costco, Taco Bell, Subaru, and McDonald's posting branded content on Reddit that was made to appear as if it was original content from legitimate Reddit users.

Reddit announced that they would begin using VigLink to redirect affiliate links in June 2016.

Since 2017, Reddit has partnered with companies to host sponsored AMAs and other interactive events, increased advertising offerings, and introduced efforts to work with content publishers.

In 2018, Reddit hired Jen Wong as COO, responsible for the company's business strategy and growth, and introduced native mobile ads.

Reddit opened a Chicago office to be closer to major companies and advertising agencies located in and around Chicago.

In 2019, Reddit hired former Twitter ad director Shariq Rizvi as its vice president of ad products and engineering.

In gaining popularity in terms of unique users per day, Reddit has been a platform to raise publicity for a number of causes.

Additionally, the user base of Reddit has given birth to other websites, including image sharing community and image host Imgur, which started in 2009 as a gift to Reddit's community.

Reddit is known in part for its passionate user base, which has been described as "offbeat, quirky, and anti-establishment".

Reddit has been used for a wide variety of political engagement including the presidential campaigns of Barack Obama, Donald Trump, Hillary Clinton, and Bernie Sanders.

Reddit has become a popular place for worldwide political discussions.

Reddit users have been engaged in the defense of Internet privacy, net neutrality and Internet anonymity.

Reddit created an Internet blackout day and was joined by Wikipedia and other sites in 2012 in protest of the Stop Online Piracy and Protect IP acts.

In May 2012, Reddit joined the Internet Defense League, a group formed to organize future protests.

Reddit said he and Reddit would continue to advocate for net neutrality.

Since May 2014, Reddit has been blocked in Indonesia by the Ministry of Communication and Information Technology for hosting content containing nudity.

April Fools' Day 2014, Reddit did "headdit", a joke way to navigate and use the website using the webcam.

On 9 June 2021, Reddit announced the shutdown of Reddit Gifts, effective at the conclusion of the 2021 Secret Santa exchange; new account registration was disabled when the announcement was issued.

Online Reddit community conducts real-world meetups across the globe each summer.

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Reddit users voted en masse to name the whale "Mr Splashy Pants", and Reddit administrators encouraged the prank by changing the site logo to a whale during the voting.

Reddit has changed its site-wide editorial policies several times, sometimes in reaction to controversies.

Reddit's apologized on behalf of the other administrators and noted that problems already existed over the past several years.

Reddit's was later suspended from the Liberal Democrats after tweets describing pedophilic fantasies were discovered on her partner's Twitter account.

In July 2022, Reddit banned the use of the word "groomer" as a slur against LGBTQ+ people, in addition to categorizing claims that transgender people are mentally ill as hate speech.