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Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop

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Summary
Nutrition label

77% Informative

Sam Altman controls roughly 12.2 million shares of Reddit , a company he first invested in over a decade ago .

At Reddit's after-hours share price of $ 98 , Altman 's holdings are valued at about $1.2 billion .

Altman was on the company's board until around January 2022 , when the company said he recently stepped down.

VR Score

80

Informative language

82

Neutral language

30

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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