U.S. News

Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year

CASHING IN

Nineteen years since its founding, the social media site is finally going public.

Noah Kirsch
Noah Kirsch 

Wealth and Power Reporter

An illustration depicting the Reddit logo.
Reuters/Dado Ruvic/Illustration/File Photo
Noah Kirsch

Noah Kirsch

Wealth and Power Reporter

Noah_Kirsch

Got a tip? Send it to The Daily Beast here.

Trending Now
PoliticsDesigner Says Melania’s Hat Was a Right-Wing Political Message
Janna Brancolini
PoliticsTrump Starts Purge With Midnight Truth Social Firing of Chef José Andrés and General Mark Milley
Sean Craig
PoliticsMAGA Offers Baffling Explanation for Elon Musk’s Salute
Josh Fiallo
PoliticsDon Jr.’s New Girlfriend Keeps Her Distance at Inauguration
Grace Harrington
PoliticsObama Joked to Bush: ‘How Can We Stop What’s Happening?’
Amethyst Martinez