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During Wong’s time, the company

Posted: Thu Jan 02, 2025 10:38 am
by sumaiyakhatun27
In September 2011, Reddit was no longer under Condé Nast’s ownership and became a separate subsidiary under Advance Publications. In 2012, Yishan Wong became Reddit’s new CEO. He later resigned from Reddit in 2014 because others disagreed when he proposed to move the company headquarters from San Francisco to Daly City. Wong was credited with the company’s newfound success because, during his administration, Reddit users grew to 174 million.


raised $50 million in funding and became independent. Also, Reddit began to vp quality mailing leads accept Bitcoin for payments through its partnership with Coinbase in early 2013. In 2014 Ellen Pao became interim CEO before resigning in 2015. As a CEO, she established an anti-harassment policy, stopped indirect sexualization, and closed many forums that harassed individuals and other forms of cyberbullying. Ohanian and Huffman returned to Reddit after five years.


Huffman became the chief executive, while Ohanian was the full-time executive chairman. After this return, Huffman launched both iOS and Android apps for Reddit and upgraded Reddit’s mobile website. In 2017, Reddit had its largest funding when it raised about $200 million and was valued at approximately $1.8 billion. In 2020, Reddit acquired a short-form video platform Dubsmash, including its entire team, intending to integrate its video creation tools into Reddit.