Status update: Reddit's Ohanian motivated by 'rounding error'
Status update: Reddit's Ohanian motivated by 'rounding error'
- January 29, 2014
- The Reddit co-founder event is featured by Bloomberg Businessweek January 29, 2014
-----
From Bloomberg Businessweek:
Alexis Ohanian, co-founder of Reddit, told a standing-room-only crowd at UC Irvine
last Wednesday how a Yahoo executive dismissed the website years ago as "a rounding
error." About 16 months later, Ohanian and co-founder Steve Huffman sold Reddit to
publishing giant Conde Nast Publications, for a reported $10 million to $20 million.
The site is now worth as much as $240 million, according to Forbes.
For the full story, please visit http://investing.businessweek.com/research/markets/news/article.asp?docK....
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Careet RightMeet Constantine Manda, 2025 Advancing Research Grants for Early Career Scholars recipient
- Careet RightAustralia's grand social-media experiment
- Careet RightIn White House speech, Trump highlights victories amid sinking approval ratings
- Careet RightYou may have a superpower that lets you see an invisible world. It's more than just biology, scientists say.
- Careet RightBringing scientific insight to the causes of individual events