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Reddit isn't owned by Conde Nast[0]. [0]: http://www.redditblog.com/2013/08/reddit-myth-busters_6.html http://www.redditblog.com/2013/08/reddit-myth-busters_6.
by ToastyMallows 12y ago
Reddit isn't owned by Conde Nast[0].
[0]: http://www.redditblog.com/2013/08/reddit-myth-busters_6.html http://www.redditblog.com/2013/08/reddit-myth-busters_6.html (See myth 4)
- sillysaurus3 12y agoThe best characterization might be to say that reddit is a “part-sibling-once-removed” of Condé Nast. What does this even mean? Someone ultimately has power over Reddit, and it can't be Reddit itself since they sold. So who is it? The blog doesn't answer that.
- ToastyMallows 12y ago> Then in 2012, reddit was spun out into a re-incorporated independent entity with its own board and control of its own finances, hiring a new CEO and bringing back co-founder Alexis Ohanian to serve on the board. Right now, Advance Publications[0], which owns Condé Nast, is the largest shareholder of an independent Reddit. [0]: https://en.wikipedia.org/wiki/Advance_Publications https://en.wikipedia.org/wiki/Advance_Publications
- deleted 12y ago[deleted]