On: Reddit raises $410M in new funding

[indigodaddy]

Why would any company supposedly worth 10B, need 400M in funding? Is there really that much massive growth going on with Reddit?

[corobo → indigodaddy]

I figured the "made us an offer we couldn't refuse" was "they offered money even though we're killing the site off so we cashed in just in case, my salary is a cool milly a month now"