Reddit is one of the largest online community platforms, where millions of users gather daily across thousands of interest-based forums. We invested in October 2021 ahead of the company’s IPO, recognizing its scale and influence as a global hub for digital communities. In March 2024, Reddit completed its public listing on the New York Stock Exchange, and by October 2024 we successfully exited our position following the IPO. This investment reflects our ability to identify and access transformative companies at pivotal moments in their growth.