Conde Nast hasn't owned Reddit since 2011. | Hacker News

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parfe on May 18, 2013 | parent | context | favorite | on: Yahoo Board to Meet Sunday to Consider $1.1B, All-...

Conde Nast hasn't owned Reddit since 2011.

staunch on May 18, 2013 | [–]

Technically, no, just their parent company.

"In September 2011, Reddit was split from Condé Nast, and now operates as a subsidiary of Condé Nast's parent company, Advance Publications."

reaclmbs on May 18, 2013 | [–]

i.e., they don't have a 100% stake.

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