Original Thread (now deleted):

Reddit is being funded by a fake company.

Reddit’s latest Series F of $410 million dollars was funded by two lead investors. Fidelity Management and Research and Khaira Capital.

Who is Khaira Capital? That’s a good question. They basically don’t exist.

The CEO and CIO are listed as Jivteshwar Khaira. Finding information on Jivteshwar Khaira is very difficult. He is supposedly an 18-year-old boy genius, yet somehow has zero identifying photographs and almost zero information publicly available. His Linkedin profile is simply a picture of a Rolex watch and his account is set to private.

In addition, Khaira Capital is listed on their Series F filing as having 51-100 employees, yet not a single one other than Jivteshwar has a profile on LinkedIn. The only contact information whatsoever is listed as the founder himself at j.khaira@khairacapital.com.

The company’s website is https://www.khairacapital.com/. It is mostly blank pages with zero information.

I was only able to find 4 articles about Jivteshwar. Three of them were written on Jan 9, 2022. The other was written on Jan 10, 2022. What an odd coincidence that three completely independent news agencies wrote publications about Jivteshswar within 2 days of each other, shortly before Reddit received millions of dollars in funding from his company.

https://www.dailyscanner.com/entrepreneur-inventor-wunderkin...

https://www.clearpublicist.com/entrepreneur-inventor-wunderk...

https://www.blackbirdnews.com/the-kid-philanthropist-jivtesh...

https://thehiltonian.com/jivteshwar-khaira-philanthropist-pl...

In addition, two of these articles are identical, while supposedly having been written by 2 different people at 2 different news sources. Jasmine Andrade from Clear Publicist and Christopher Harpur of Daily Scanner somehow wrote identical articles about Jivteshwar on the same day.

In these articles, Jivteshwar is described as a boy-genius, a wunderkind, a self-taught engineer and philanthropist, yet somehow no photographs whatsoever of this amazing person could be found online. His accomplishments include:

· Pledged $100M to Columbia University.

· Funded 18 schools in countries with low income families in Indonesia, Bali and Chad.

· Designed a prototype electric plane.

· Maintains strong relations with people on Wall Street (misnamed as Wall Avenue in the articles) and in Silicon Valley.

· While just a teenager, made a quantitative, very long-shorter equity tactic that runs an automatic basis on his laptop or computer. (No clue what this means, but that’s what is written)

· Helped fund some nonprofits in Africa so that they could import covid vaccines and set up free vaccination clinics in low income neighborhoods. We calculate that his contributions have led to about 10,000 people getting vaccinated and about 20,000 free tests being administered.

· organized groups and put together the funds to set up 22 free testing centres in northern India, along with 18 free vaccination clinics as a way to combat the pandemic. For this, he was awarded a commendation by the chief minister and governor of Punjab, and got to meet the prime minister

All of these amazing accomplishments were reported within 2 days of each other, yet know information about this astounding individual can be found anywhere.

In my research, I also googled "Khaira family corruption" and came across this article

https://www.punjabnewsexpress.com/punjab/news/sukhpal-khaira...

which describes Sukhpal Singh Khaira as a drug kingpin. Is this a relation to Jivteshwar Khaira? I don't know, but it would describe where the money comes from.

All in all, what is blatantly clear is that Jivteshwar Khaira and Khaira Capital do not exist. They are a fake company covering up where Reddit's money is actually coming from and some real investigation needs to be done about this.