Tech speaking Advance Publications “own” reddit as it’s largest share holder. Advance Publications Also own Conde Nast. Conde Nast used to own reddit. But a fe

Tech speaking Advance Publications “own” reddit as it’s largest share holder. Advance Publications Also own Conde Nast. Conde Nast used to own reddit. But a few years (2014) ago it split off as it’s own entity but giving Advance Publications the majority shareholder state and had a funding round at the same time. It’s had a couple more funding round since with its most recent being $300M in feb. Not sure about the financial state of Advance Publications though.