> 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

> 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