Reddit: The ‘front page of the internet’ wants to be a billion-dollar business

In July 2015, Reddit was in a crisis. Volunteer moderators, the heartbeat of the site that look after pages known as "Subreddits", were revolting over the firing of a key member of the online community. Nearly one year on, the site which bills itself as the "front page of the internet", is trying to put the controversy behind it and grow up. "We're in a much better place than we were a year ago, and I think a year from now we'll be in an even better place," Steve Huffman, chief executive and one of the co-founders of Reddit, told CNBC in an interview at The Next Web Conference in Amsterdam last month.
Read more: http://www.cnbc.com/2016/06/16/reddit-the-front-page-of-the-internet-wants-to-be-a-billion-dollar-business.html?source=Snapzu