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Reddit Valued at $1.8 Billion

Discussion in 'Article Discussion' started by Melody Bot, Jul 31, 2017.

  1. Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from for discussion. All of the forum rules still apply.

    Reddit is now valued at $1.8 billion after their latest round of funding. According to Recode the company will be going on a hiring spree and redesigning their website:

    Reddit has raised $200 million in new venture funding and is now valued at $1.8 billion, according to CEO Steve Huffman.

    The new funding round, the company’s largest ever, should expedite a number of internal product and business efforts, including a redesign of its homepage and its first foray into user-uploaded video, Huffman added in an interview with Recode.

    The money comes courtesy of a number of well-known Silicon Valley investors, including firms like Andreessen Horowitz and Sequoia Capital, and individual investors like Y Combinator President Sam Altman (also a board member) and SV Angel’s Ron Conway. It also includes money from the hedge fund Coatue, investment firm Vy Capital and mutual fund giant Fidelity.

    Raku likes this.
  2. Sander


    History has shown that redesigning a site with that particular demographic will be a huge mistake.
    Raku likes this.
  3. Ryan

    Might be Spider-Man...

    A website dedicated to cat pics is worth a billion....I believe it
    mattylikesfilms likes this.
  4. SmithBerryCrunch

    Trusted Prestigious

    Not sure about a whole redesign. They've already started to implement some new profile pages for users which is pretty terrible.
  5. mercury

    modern-day offspring fanatic Supporter

    will it finally not look worse than the angelfire site I made in 2003?!
    mattylikesfilms and coleslawed like this.
  6. Arry

    it was all a dream Prestigious

    dude who made digg is probably somewhere laughing/weeping
    Raku likes this.
  7. Toner

    A Welshy in London Supporter

    Leave the design the fuck alone. It looks god awful and we love it that way.
    jorbjorb, orangehorizon and SamLevi11 like this.
  8. amorningofsleep

    No-rope barbed wire Jones

    It'll probably be horrible. But I'll still be on it everyday.
    Raku likes this.
  9. SamLevi11

    Trusted Prestigious

    Reddit looks terrible, but I honestly like it that way. But I'll give the re-design a chance.
  10. transrebel59


    The only thing they need to change is their search function. Don't fuck with the design.
    Raku and SmithBerryCrunch like this.
  11. MattNCheeze


    that's a lot of shitposts
    Raku likes this.
  12. Saephon


    Ugh, I already see this backfiring. I don't go to Reddit for visuals or style; I'm there for it's easy of use and functionality. It's a news and content aggregated forum - it's primary purpose is for discussion and to be a simple portal to other content not directly hosted by Reddit. It's "outdated" layout serves this purpose in my opinion. Don't fix what ain't broken.
    Raku likes this.