The company, which has been under investigation by the Securities and Exchange Commission for years, announced it would soon start to sell its remaining shares to raise money for its expansion.
It’s the first major milestone in Reddit’s growth strategy since its founding in 2004.
Reddit’s shares were up more than 15% in after-hours trading on Friday morning, and it has a market cap of $23.3 billion.
But Reddit has a number of big hurdles to overcome before it can become profitable again.
For one thing, the company is still looking for an investor.
It currently has a debt of more than $7 billion, but Reddit will need to raise an additional $6.5 billion to get back on track.
Reddit also needs to build out its valuation of its product to take advantage of the new opportunities in mobile payments and online advertising.
A second hurdle will be Reddit’s ability to scale, and its investors need to be convinced that it can.
Reddit has said that it will continue to invest in its business and keep improving its products.
But in a way, it’s doing the opposite.
Its growth strategy has been driven by one goal: to make Reddit more user-friendly.
It has also been a boon to Reddit’s founders, many of whom are among the best-known investors in Silicon Valley.
That’s partly because Reddit has raised a lot of money.
Its first round of funding came in 2011, and since then, it has raised more than a billion dollars from more than 150 investors.
It also has a strong team of founders, with a team of four in charge of its core business.
Reddit had been experimenting with a number different revenue streams in the past.
In December 2015, it announced a partnership with the Chinese search engine Baidu, which it says will allow Reddit to become more user friendly for users.
Baidus also launched its own search product called Pagerank, which Reddit will use to provide users with more relevant content.
But it has struggled to find a partner who can help it achieve that goal.
It started working with Google last year, but the two didn’t get along.
Reddit recently announced that it would be partnering with the United States government to help fight online child pornography, and a similar deal was announced earlier this year with Facebook.
Reddit is also working on its own payments system called Venmo.
But these efforts have also faced resistance from investors.
Reddit co-founder Alexis Ohanian said in a tweet on Thursday that the company’s funding would be made available to “continue to grow the product and expand our community.”
Reddit has also faced some financial trouble.
In October, Reddit said it had been shut down for more than three months, and the company was forced to stop accepting payments.
It later said that Reddit was shut down because of technical problems that were not related to the company.