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Reddit was founded by University of Virginia roommates Steve Huffman and Alexis Ohanian, and Aaron Swartz in 2005. Cond Nast Publications acquired the site in October 2006. In 2011, Reddit became an independent subsidiary of Cond Nast's parent company, Advance Publications. In October 2014, Reddit raised $50 million in a funding round led by Sam Altman, including investors Marc Andreessen, Peter Thiel, Ron Conway, Snoop Dogg, and Jared Leto. Their investment valued the company at $500 million then. In July 2017, Reddit raised $200 million for a $1.8 billion valuation, with Advance Publications remaining the majority stakeholder. In February 2019, a $300 million funding round led by Tencent brought the company's valuation to $3 billion.
Reddit is a social news aggregation, web content rating, and discussion website.
Registered members submit content to the site, such as links, text posts, and images, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "communities" or "subreddits", which cover various topics such as news, politics, science, movies, video games, music, books, sports, fitness, cooking, pets, and image-sharing. Submissions with more up-votes appear towards the top of their subreddit and, ultimately, on the site's front page if they receive enough up-votes. Despite strict rules prohibiting harassment, Reddit's administrators spend considerable resources on moderating the sit.
Making money while you sleep sounds like a dream too good to be true. It might appear crazy, but establishing residual income streams is actually easier than you'd think. In fact, most people already possess the skills, creativity, or willpower to get started today.
1. Rent out Rooms Through Airbnb
2. Run a Niche Site Or Start a Blog
3. Create Online Courses
4. Invest in Mutual Funds
5. Publish Books on Amazon (Literary Royalties)
6. Peer-to-Peer Lending - GoPeer
7: Seller Representative
8: Rent out Stuff
9: Rent out Your Car - Turo
11. Upload Videos to YouTube
12. Sell Designs on Zazzle.com
13. Develop Mobile Games - BuildBox
14. Produce Music for Spotify
15. Sell Illustrations on Stock Photo Sites Such as Shutterstock.com, Pixabay, Pexel
16. Rent out Land
17. E-Commerce Site
19. Donate Sperm
20. Sell Software
21. Vending Machines - The Ideal Vendor
22. Sell Stickers on Amazon
23. Phone farming
24. Discord Servers
There you have them. A list of passive income generating ideas from Reddit. From the commonplace to the improbable. However, nothing gets done unless you make a move. Pick 2 or 3 ideas, research, and get started. Who knows? It could be your golden ticket to sacking your annoying boss.
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