šāØ Did you know?
In 2005, Steve Huffman and Alexis Ohanian co-founded Reddit as part of the first-ever Y Combinator accelerator classāwhile still in college! š What started as late nights of coding and gaming š® turned into one of the most influential platforms on the internet.
š” Within 18 months, Reddit was acquired by Advance Publications (owner of CondĆ© Nast) for $10M. Today, Advance remains the largest shareholder, holding 22.63% of the company.
Reddit hosts over 100,000 forums, all managed by its passionate users. The platform gained mainstream fame with its @wallstreetbets forum, playing a key role in the 2021 GameStop āmeme stockā frenzy šš°.
Oh, and about Alexis being excluded from Redditās S-1 filing? He just responded with this: ĀÆ\(ć)/ĀÆ.