Sometime this month, Reddit will go public at a valuation of $6.5bn. Select Redditors were offered the chance to buy stock at the initial listing price, which it hasn’t announced yet but is expected to be in the range of $31-34 per share. Regardless of the actual price,
Whats the difference?
Think of the Internet as the US Interstate Highway system. The web is a chain of tourist attractions you can visit along those roads.
The Internet is the physical and logical collection of interconnected networks. The web is a protocol that runs on top of that infrastructure, just as email, ssh, ftp, irc, etc. do.