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Technology

Reddit’s CEO Holds Astounding 61.5% Stake in Class A Shares, Reveals Regulatory Filing

In a recent regulatory filing, it’s been revealed that the CEO of Reddit holds a strikingly high ownership stake in the company, with a beneficial ownership of 61.5% of class A shares. This disclosure underscores the significant influence and control wielded by the CEO within the organization, a scenario not often witnessed in corporate governance. […]