Reddit Considering Its Own Cryptocurrency after $ 50M Funding Round, $500M Valuation

By October 2, 2014Bitcoin Business

The popular online forum recently conducted a round of Series B financing and was able to raise US $50 million on a US $500 million valuation. This single round was one of the largest in history and was led by people like Sam Altman, CEO of Y Combinator. Altman led the group and was joined by Andreesen Horowitz of Sequoia Capital, Peter Thiel, Ron Conway, Snoop Dog, and Reddit CEO Yishan Wong.

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