> So maybe they're hoping for a buyout from a media company? For the second time... | Hacker News

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		umeshunni on Feb 5, 2019 \| parent \| context \| favorite \| on: Reddit is raising a huge round near a $3B valuatio... > So maybe they're hoping for a buyout from a media company? For the second time, of course: https://techcrunch.com/2006/10/31/breaking-news-conde-nastwi... Reddit has an interesting corporate history of being a startup --> acquisition --> subsidiary --> spinout --> "startup" --> ??

jlarocco on Feb 5, 2019 [–]

Huh, I vaguely remember them getting bought, but didn't know about the subsidiary and spinout parts.

I guess they're all playing hot potato until it goes bust.

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