Alexis Ohanian

Alexis Ohanian21 posts

Alexis Ohanian is an American entrepreneur. He co-founded Reddit with Steve Huffman.

31 Oct, 2006

Reddit bought by Condé Nast

Acquisition

Condé Nast Publications acquires Reddit for a reported $20 million. All four Reddit employees relocate from Boston to Wired’s San Francisco office and become part of Wired Digital, which the company bought three months previously. Conde Naste:

Our goal will be to build Reddit as an independent company by collaborating with Wired through the integration of its core technology, and by offering partnerships to allow other companies to do the same.

At this time the site has 70,000 daily unique visitors and approximately 700,000 or so page views.

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