4 ms·
Google was still a fairly young company at that point. Reddit is 12 years old and had a $1.6B valuation prior to this $200M infusion. They've already achieved g
by nhebb 9y ago
Google was still a fairly young company at that point. Reddit is 12 years old and had a $1.6B valuation prior to this $200M infusion. They've already achieved growth.
I think the investors' motivations are non-financial, akin to how YC invested in Quora.