![content sites like reddit content sites like reddit](https://www.bigcommerce.com/blog/wp-content/uploads/2017/07/selling-on-reddit-quora-hero.jpg)
Reddit has 36M user accounts and over 200M monthly unique visitors to the platform.
Content sites like reddit series#
Pathways to a Just Digital Future Watch this tech inequality series featuring scholars, practitioners, & activists But collecting sleuths of random people’s tangential comments is not enough to truly create value Reddit takes crowdsourcing one step further by allowing registered users to up or down vote submissions, in essence curating vast amounts of information and allowing the most valued content to bubble to the top, without spending any money on it. Its content (the bread and butter of their business) almost entirely relies on a volunteer user base of people who submit the most random comments I’ve ever come across (here’s an example: 5 ways to celebrate national cat day). With only 70 paid employees, it’s baffling to think about all the content that is created, but this is exactly where Reddit found its sweet spot. Registered users post comments and direct links on any imaginable topic, which are organized into subreddit (including world news, gaming, and ‘aww’), which Reddit refers to as “a platform for creating communities”, promising that “almost every subreddit is user-run, with practically no involvement from Reddit employees.” The crowdsourced platform essentially works like an online bulletin board. Reddit is now majority-owned by Conde Nast’s parent company, Advance Publication, and was recently valued at $500M.
![content sites like reddit content sites like reddit](https://articles-img.sftcdn.net/images/q_auto:good/f_auto,q_auto/w_700,h_483/v1550519933/editorial/4chan/4chan.jpg)
Its cofounders, Alexis Ohanian and Steve Huffman, built the platform within three weeks – they envisioned it as the “front page of the internet.” Less than two years after founding Reddit, they sold it to Conde Nast for an estimated $10-20M. Reddit was started in 2005 outside of Boston, and is now headquartered in San Francisco.