Snoop Dogg has another business venture lighting up his repertoire.
The “Lay Low” rapper recently became a part owner of the widely popular website Reddit, AllHipHop reports. Uncle Snoop helped contribute to the site’s $50 million fundraising efforts and joined Pay-Pal co-founder Peter Thiel and artist/actor Jared Leto as investors.
Reddit revealed their plans for a new and improved site stating in a blog post, “We’re planning to use this money to hire more staff for product development, expand our community management team, build out better moderation and community tools, work more closely with third party developers to expand our mobile offerings (try our new AMA app), improve our self-serve ad product, build out reddit gifts marketplace, pay for our growing technical infrastructure, and all the many other things it takes to support a huge and growing global internet community.”
Photo Credit: Instagram/snoopdogg