Rumors are rumors and Techcrunch has been known to push them forward without base or backing. With that said, the latest Reddit rumor that they are raising money would make sense. But we’re hearing now from a source that, a little over a year later, Reddit is raising money. And the company’s valuation has jumped to $400 million. If it’s true, this could mark the beginning of the end for the “front page of the internet”. The site is the most powerful private site in the world that really doesn’t make any money (and don’t point to Wikipedia as that would be ignorant to think they’re not making money)….