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It would be great to see if Reddit can buy it self from Conde Naste
by phlux 16y ago
It would be great to see if Reddit can buy it self from Conde Naste
- dzlobin 16y agoConsidering Reddit isn't profitable (or barely so, I can never remember), I highly doubt they have anywhere near the cash needed to do that. Also, the only reason conde nast would do this is to make a return on their fairly lost investment of ~$20M in reddit.
- phlux 16y agoWell, it looks like it was a false rumor - but my point was that if Reddit started a users fund - they could get a portion of the % that CN was seeking to pimp out for $