Social bookmarking website Reddit has hired former Kleiner Perkins Caufield & Byers junior analyst Ellen Pao. All eyes were on Pao when she filed a lawsuit against Kleiner Perkins over sexual harassment in May 2012. Pao has been working with Reddit as a formal and informal advisor for quite some time now so she decided to go all in with a full-time job. Pao will be working on Reddit’s strategic partnerships initiatives. Pao’s username on Reddit is ekjp. Below is what Pao said about why she joined Reddit on the company blog:
Social bookmarking company Reddit.com has launched a new YouTube series called “Explain Like I’m Five,” which can be watched from their YouTube channel. The video series explains complex topics like Friedrich Nietzsche’s existentialism, the Syrian war, and the stock market to kids. The videos include creative animations and YouTube is sponsoring the videos. Below is one of the videos:
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Some of my favorite Ask Me Anything (AMA) interviews that have taken place on Reddit include Stan Lee, Kevin Rose, Psy, Barack Obama, and Bill Gates. One of the newest Reddit AMAs is an amazing one also. It is of Chris Hadfield, an astronaut on the International Space Station. Hadfield did a pre-flight AMA this past December, but the latest AMA was done from outer space. He logged on from a satellite relay to a server in Houston.
Microsoft co-founder and chairman Bill Gates went on Reddit today to participate in an AMA (Ask Me Anything) session. He answered several questions regarding his personal life, Microsoft, and the Bill & Melinda Gates Foundation. Below are some of the highlights:
Reddit went independent from Conde Nast in 2011. Conde Nast is considering selling parts of Reddit to investors at over a $200 million valuation. Conde Nast decided to cancel that idea because Reddit did not need the money. It is rumored that Reddit will be raising a round of funding at a $400 million valuation.
Reddit has announced that they have hit 37 billion page views and 400 million unique visitors in 2012. Around 30 million posts were shared on Reddit and they received over 4 billion votes in the past year. That is around 133 votes per post.
Reddit has become a great way for high-profile celebrities and politicians to communicate directly with their fans. This past August, President Obama even participated in an Ask Me Anything (AMA) session. Last month Psy of Gangnam Style fame did an AMA too. U.S. Rep. Zoe Lofgren plans to use ideas from Reddit to come up with new legislative ideas.