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Humble Beginnings: Like NVIDIA, Reddit Was Founded Inside A Restaurant

Benzinga · Mar 21 15:17

DENN +0.37% NVDA +3.46% RDDT -2.22%

Social media companyReddit Inc(NYSE:RDDT), currently trading as much as 70% above its initial public offering (IPO), has something in common with one of the hottest stocks of the last two years.

LikeNVIDIA Corporation(NASDAQ:NVDA), Reddit was founded thanks to a restaurant.

Reddit Epiphany:Reddit co-founderAlexis Ohanianput a career path in law on hold after having an epiphany at a Waffle House location.

Ohanian founded Reddit with his University of Virginia roommatesSteve HuffmanandAaron Swartzwith the idea of building community and having opinions shared online.

If it wasn't for that...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).

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In Malaysia, investment products and services available through the moomoo app are offered through Moomoo Securities Malaysia Sdn. Bhd. ("Moomoo MY")regulated by the Securities Commission of Malaysia (SC). Moomoo Securities Malaysia Sdn. Bhd. is a Capital Markets Services Licence (License No. eCMSL/A0397/2024) holder. This advertisement has not been reviewed by the SC.

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