3 ms·
reddit grew fast and was acquired just over a year after it launched (which was in June 2005): https://techcrunch.com/2006/10/31/breaking-news-conde-nastwired-a
by Deimorz 8y ago
reddit grew fast and was acquired just over a year after it launched (which was in June 2005): https://techcrunch.com/2006/10/31/breaking-news-conde-nastwired-acquires-reddit/ https://techcrunch.com/2006/10/31/breaking-news-conde-nastwi...
I'm fairly sure YC's stake in it was bought out at that point.
- minimaxir 8y agoYC's stake maybe, but Sam Altman followed on as a lead investor later: https://www.reddit.com/r/IAmA/comments/2hwr02/i_am_sam_altman_lead_investor_in_reddits_new/ https://www.reddit.com/r/IAmA/comments/2hwr02/i_am_sam_altma...