One of tech’s most prolific venture capital firms, Andreessen Horowitz (or “A16Z”), has invested a sizable $40 million in image sharing giant Imgur, Betabeat has learned.
Imgur has been the subject of acquisition rumors for the past year, but has never taken outside money, regardless of how successful they’ve been. According to Imgur CEO and founder Alan Schaaf, Imgur has been approached by almost every VC on the map in the past five years.
“We’ve always been fighting them off,” Mr. Schaaf told Betabeat, “and the reason is because we never really found a good fit.”
the robots are coming
Some jokes are funny to everyone. Some jokes are funny to a few people. Then there are jokes that funny to long-term redditors. No community finds more pleasure in keeping the distinction between “us and them” more clear than reddit and a badge of honor on the site is remembering comments by specific redditors Read More
Last week, a normal ol’ Reddit thread was hijacked by bots. While it’s not uncommon to hear two bots eerily have a conversation, it’s odd to see them compete for approval and supremacy.
User FreemanPontifex posted about scraping his leg after he slipped on black ice. Then, a couple of automated Read More
On Friday, Reddit made an announcement that it would be donating ten percent of its 2014 ad revenue to charity.
According to a blog post by Reddit CEO Yishan Wong, Reddit will calculate its ad revenue at the end of the year, and then let Redditors nominate and vote on the non-profits they’d most like to support. Once the community has determined its top ten non-profits — and yes, Reddit reserves the right to ignore all suggestions from trolls, the post says — the site will distribute the funds proportionally among the winning charities, based on how many votes each one received.
Reddit is a weird place. What bubbles to the top is a masterclass in what makes the Internet talk and how twisted the social news website can be. It’s a hotbed of memes, viral videos and sharable posts that permeate the Internet, so we decided to take a look at what the most popular posts Read More
To celebrate completing her first year in office, a Canadian politician hosted a (very lovely and polite) Reddit Ask Me Anything last week. And you thought we Canadians hadn’t mastered electricity yet.
In Loco Parentis
Proving that all truly great ideas come from the deepest bowels of Reddit, the couple made famous by that Reddit proposal last summer has just launched a website for commissioning personalized artworks. Welcome to 2014.
WOW WOW WOW
In what’s sure to be the first in a couple’s long line of fabulous parenting decisions, two soon-to-be parents have asked the Internet for help naming their daughter.
With the approval of his (probably long suffering) wife, the husband set up namemydaughter.com, where users can vote for their favorite first and middle names for the unborn baby girl.
The husband explained himself and appealed to potential voters on Reddit, because obviously:
Proponents of meme-inspired digital currency dogecoin did not have a very wow Christmas.
The only person in the world with more free time than the “shibes” actually went to the trouble of hacking Dogewallet and Instadoge, stealing more than Ɖ30,000,000, on Christmas Day.
Strap on your goggles because our next stop on the Sexy Week tour is the Internet’s top notch home for everything gross–Reddit. From sideboobs to scruffy chests, we found a lot of sexy (and just plain repulsive) subreddits devoted to every kind of fetish that humans are interested in.