📺 Stream EntrepreneurTV for Free 📺

Reddit Buys Dubsmash to Take on TikTok and Racism The acquisition is part of Reddit's overall effort to expand its brand and be more inclusive.

By Jonathan Small

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

SOPA Images | Getty Images

Social media giant Reddit announced that it acquired Dubsmash, a short-form social video company. The move broadens Reddit's reach into the video space and makes them a competitor with other video platforms such as TikTok.

"Video is increasingly core to how people want to connect, and as we continue to grow our community, we're committed to providing the best possible tools users need to find, create, and interact with one another through video," said Reddit in a press release.

The acquisition of Dubsmash also helps Reddit's effort to become more inclusive and racially sensitive. In the past, Reddit has come under fire for its racist subreddit groups and hate speech. Dubsmash is known for its large communities of Black and Latinx creators.

"Dubsmash elevates under-represented creators, while Reddit fosters a sense of community and belonging across thousands of different topics and passions. It's clear that our missions closely align and that our community-focused platforms can coexist and grow as we learn from each other," said Reddit CEO Steve Huffman.

Related: Alexis Ohanian's Resignation from Reddit is the Type of Leadership the World Needs

The Dubsmash way

Dubsmash started off as a popular lip-synching app in 2015 and eventually pivoted to be more of a social platform. Like TikTok, users choose a soundbite and record a video of themselves dubbing over the audio. But while TikTok's megastars are primarily white, Dubsmash's communities are, according to Huffman, "driven by young, diverse creators—about 25 percent of all Black teens in the U.S. are on Dubsmash, and females represent 70 percent of users."

Inclusion is part of Reddit's new mission. When Reddit co-founder Alexis Ohanian resigned from the company's board earlier this year, he asked that a Black candidate fill his seat on the board. His wish was granted. Y Combinator CEO Michael Seibel took over his spot.

Ohanian, who is married to tennis icon Serena Williams, made the decision partly in response to Reddit's reputation for racism. In 2015, the Southern Poverty Law Center said Reddit was home to "the most violently racist" content on the internet. When Reddit's former interim CEO Ellen Pao tried to stop hate speech on the platform, she was subjected to disgusting racist harassment campaigns.

By bringing Dubsmash into the community, Reddit hopes to curb intolerance and open its doors to creative and successful content creators of color, such as Jhacari Blunt and Essence Marie.

"Just as Reddit is a place for content you won't see anywhere else on the Internet, Dubsmash provides a welcoming platform for creators and users who are under-represented in social media," Reddit said in a statement.

Jonathan Small

Entrepreneur Leadership Network® VIP

Founder, Write About Now Media

Jonathan Small is an award-winning author, journalist, producer, and podcast host. For 25 years, he has worked as a sought-after storyteller for top media companies such as The New York Times, Hearst, Entrepreneur, and Condé Nast. He has held executive roles at Glamour, Fitness, and Entrepreneur and regularly contributes to The New York Times, TV Guide, Cosmo, Details, Maxim, and Good Housekeeping. He is the former “Jake” advice columnist for Glamour magazine and the “Guy Guru” at Cosmo.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.


Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Starting a Business

This Couple Turned Their Startup Into a $150 Million Food Delivery Company. Here's What They Did Early On to Make It Happen.

Selling only online to your customers has many perks. But the founders of Little Spoon want you to know four things if you want to see accelerated growth.