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1. www.newsweek.com › reddit-ipo-alexis-ohanian-stockWhy Reddit founder was left out of $6.4 billion IPO - Newsweek

   www.newsweek.com › reddit-ipo-alexis-ohanian-stock

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   Mar 22, 2024 · Ohanian and Huffman, roughly one year later, sold the platform to global media company Condé Nast for roughly $10 million. The sale was driven by personal reasons including his mother's...

2. www.cnbc.com › 2020/11/03 › alexis-ohanian-reflectsAlexis Ohanian reflects on selling Reddit for $10 million

   www.cnbc.com › 2020/11/03 › alexis-ohanian-reflects

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   Nov 3, 2020 · On Monday, Reddit announced it had raised more than $250 million in a new round of funding that valued the company at $6 billion. But when Ohanian made the deal, $10 million was more money than...

3. gbtimes.com › how-much-did-alexis-ohanian-sellHow much did alexis ohanian sell Reddit for? - GB Times

   gbtimes.com › how-much-did-alexis-ohanian-sell

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   1 day ago · In this article, we will delve into the story of how much Alexis Ohanian sold Reddit for. The Early Days of Reddit Reddit was founded in 2005 by Steve Huffman and Alexis Ohanian, two college ...

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     How Reddit Began

     4 Oct 2016

     29.2K views

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     Reddit CEO, Steve Huffman (u/spez) | Full Q&A at The Oxford Union

     15 Oct 2019

     19.5K views

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     Reddit CEO Steve Huffman's opening statement at GameStop hearing

     18 Feb 2021

     106.8K views

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5. www.cnn.com › 2024/02/23 › techReddit has never turned a profit in nearly 20 years, but it ...

   www.cnn.com › 2024/02/23 › tech

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   Feb 23, 2024 · Reddit was sold to media company Condé Nast in 2006 by its co-founders Alexis Ohanian, who left the company in 2020, and Huffman, who now owns 3.3% of the company.

6. www.cnbc.com › 2018/07/25 › the-1st-thing-alexisThe first thing Alexis Ohanian bought after he sold Reddit ...

   www.cnbc.com › 2018/07/25 › the-1st-thing-alexis

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   Jul 25, 2018 · The first thing Alexis Ohanian bought after he sold Reddit for millions at age 23. Reddit co-founder Alexis Ohanian. When Alexis Ohanian and Steve Huffman sold Reddit to Condé Nast in...

7. www.wired.com › story › reddit-ipo-filing-s-1Reddit’s IPO Filing Is Missing Something: Cofounder Alexis ...

   www.wired.com › story › reddit-ipo-filing-s-1

   Feb 22, 2024 · Ohanian isn’t listed because he and Huffman sold Reddit to Condé Nast (WIRED’s parent company) for about $10 million in 2006, a little over a year after founding it, relinquishing their...

8. People also ask

   How much did Alexis Ohanian and Steve Huffman sell Reddit for?

   • Reddit co-founder Alexis Ohanian. When Alexis Ohanian and Steve Huffman sold Reddit to Condé Nast in 2006, the 23-year-old co-founders became multi-millionaires overnight. The exact sale price was never disclosed but the site, which they sold within two years of launching it, reportedly went for between $10 million and $20 million.

   The 1st thing Alexis Ohanian bought after he sold Reddit

   www.cnbc.com/2018/07/25/the-1st-thing-alexis-ohanian-bought-after-he-sold-reddit-for-millions.html

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   What happened to Huffman and Ohanian on Reddit?

   • Huffman, who has been Reddit’s CEO since 2015, and Ohanian, who after stepping back from helping run the business had sat on its board for years, split in 2020 over how to handle some of the hateful content on Reddit. They’ve spoken little since.

   Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian

   www.wired.com/story/reddit-ipo-filing-s-1-cofounder-alexis-ohanian-huffman/

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   How much money does Huffman own?

   • According to the company's ownership document filed with the SEC, Huffman owns over 4.1 million shares, which is worth over $200 million at current share prices. Other key stakeholders reaped substantial rewards as well. Advance Magazine Publishers, the parent company of Condé Nast, owns a stake that is worth over $2 billion.

   Why Reddit Founder Was Left Out of $6.4 Billion IPO - Newsweek

   www.newsweek.com/reddit-ipo-alexis-ohanian-stock-profit-missed-gains-1882498

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   Why did Huffman leave Reddit?

   • Huffman has since recaptured a substantial portion of shares, whereas Ohanian has said he only has a few shares left from his stint as executive chair of Reddit in 2014. Huffman returned as CEO in 2015, replacing Altman. In 2020, Ohanian left Reddit’s board reportedly over disagreements with Huffman over hateful content on the platform.

   Reddit IPO: How Much Execs, Investors and Top Users Stand to Gain

   observer.com/2024/02/reddit-ipo-winners/

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   What happened to Alexis Ohanian and Steve Huffman?

   • Ohanian and Steve Huffman, now CEO, fell out in 2020. Reddit cofounders Steve Huffman (left) and Alexis Ohanian (right) at a Bloomberg West television interview in San Francisco in 2016. Photograph: David Paul Morris/Bloomberg/Getty Images

   Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian

   www.wired.com/story/reddit-ipo-filing-s-1-cofounder-alexis-ohanian-huffman/

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   How much is Reddit worth?

   • On Monday, Reddit announced funding that valued the company at $6 billion. But Alexis Ohanian and his co-founders sold the platform for just $10 million.

   Alexis Ohanian reflects on selling Reddit for $10 million

   www.cnbc.com/2020/11/03/alexis-ohanian-reflects-on-selling-reddit-for-10-million.html

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9. observer.com › 2024 › 02Reddit IPO: How Much Execs, Investors and Top Users Stand to ...

   observer.com › 2024 › 02

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   Feb 23, 2024 · Cofounder and CEO Steven Huffman owns 3.3 percent of Reddit worth $165 million. In 2006, Huffman and his co-founder, Alexis Ohanian, sold Reddit to Condé Nast for $10 million and relinquished...