Modern Era and Maturation (2015-Present)
Leadership and Corporate Development
In 2015, Steve Huffman returned as CEO following a period of turmoil. Under his leadership, Reddit has undergone significant changes:
Funding Rounds: The company has raised several rounds of funding, including a $300 million round led by Tencent in 2019, valuing the company at $3 billion.
Design Updates: The platform underwent major redesigns, including the controversial "New Reddit" interface launched in 2018.
Content Policies: Reddit has implemented stricter content policies, banning numerous subreddits that violated its rules.