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Reddit CEO Triples Down, Insults Protesters, Whines About Not Making Enough Money From Reddit Users (www.techdirt.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 1 year ago (1 children)

If I understand correctly they currently don't have investers currently since they made this move as part of their attempts to take the company public, so there's even less of an excuse.

[–] [email protected] 5 points 1 year ago

They are a private company, not a public one. That does not mean they do not have investors. They have investors but they are privately held and probably private equity investors. I do not know exactly who or what investor groups own Reddit, but since it is a company it has investors.