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Not quite. Reddit is owned by Conde Nast, a public company. In fact, Couchsurfing is the one here backed by VC, having taken in $22.5m. Edit: I'm totally wrong
by seattle_spring 6y ago
Not quite. Reddit is owned by Conde Nast, a public company. In fact, Couchsurfing is the one here backed by VC, having taken in $22.5m.
Edit: I'm totally wrong about Reddit. They're both currently VC backed companies.
- MattGaiser 6y agoReddit is raising plenty of money too. https://www.cnbc.com/2019/02/11/reddit-raises-300-million-at-3-billion-valuation.html https://www.cnbc.com/2019/02/11/reddit-raises-300-million-at...
- detaro 6y agoReddit is still raising large investment sums from outside companies: https://www.reuters.com/article/us-reddit-funding/reddit-valued-at-3-billion-after-raising-300-million-in-latest-funding-round-idUSKCN1Q020W https://www.reuters.com/article/us-reddit-funding/reddit-val... Conde Nast did own it at some point, then it was transferred out and Conde Nast's parent is the majority owner (or was? the news report above only lists them as one investor).
- wnevets 6y ago>Not quite. Reddit is owned by Conde Nast, not since 2011 [0] [0]https://en.wikipedia.org/wiki/Reddit https://en.wikipedia.org/wiki/Reddit