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Red Ventures is an American media company that owns and operates brands such as Lonely Planet, The Points Guy, Healthline, and Bankrate. [1] Red Ventures focuses on news, advice, and review websites. [2] The company's corporate headquarters is located in Indian Land, South Carolina, a suburb of Charlotte, North Carolina. [3]
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Lonely Planet was founded by married couple Maureen and Tony Wheeler.In 1972, they embarked on an overland trip through Europe and Asia to Australia, following the route of the Oxford and Cambridge Far Eastern Expedition.
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In September 2020, ViacomCBS announced the sale of CNET and related websites to the Red Ventures marketing firm for US$ 500 million. [43] Jeff Gerstmann later confirmed that Giant Bomb was among the sites included in the sale. [44] The following October, Abby Russell announced that she would be departing the site at the end of November 2020. [45]
Reed founded $200 million venture fund named Yosemite in August 2023. [4] The venture fund is focused on cancer treatments. Named after the park where Reed Jobs' parents were married in 1991, the fund raised money from John Doerr, Memorial Sloan Kettering Cancer Center, The Rockefeller University and M.I.T. [5] Yosemite was built off of Jobs' previous work at the Emerson Collective.