this post was submitted on 04 Jul 2023
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That's not just any publication, it's owned by Reddit's largest shareholder. They must be worried.
I'll be damned. I had no idea Conde Nast owned it. That said I can see a more recent injection of $150M by Tencent too.
Conde Nast has owned Reddit in some part since at least 2012. They've tended to stay pretty hands off with it though.