[jedberg]

> and given that Tencent is a major shareholder in Reddit

Snoop Dogg owns more of reddit than Tencent. The Tencent investment is very overblown.

[HaZeust]

Snoop Dogg's investment was $50,000,000.

[jedberg]

Indeed. And Tencent was at $150,000,000 three rounds later when the valuation was 7x.

Basic math days Snoop owns twice as much.