Welcome to yet another
Rumor Sunday?. In 2011, Reddit
was spun out of Conde Nast as a standalone company, but the publishing giant kept full ownership. At the time, Peter Kafka of AllthingsD
reported that Conde Nast had considered the option of selling off parts of the company to investors at a $200 million valuation.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/iXNbtdnohws/
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