Bloomberg: Reddit Is Raising Funds Valuing Startup at $1.7 Billion

Bloomberg: Reddit Is Raising Funds Valuing Startup at $1.7 Billion. “Reddit is one of the few relics of the mid-2000s internet that has not only survived but thrived in recent years. Now venture capitalists are giving a major boost to the link-sharing website, with funding that will give the company a valuation of about $1.7 billion, two people familiar with the matter said.”