Wednesday, September 7, 2011

Reddit Evolves Into Reddit Inc., Begins Search For New CEO

Screen Shot 2011-09-06 at 12.51.50 PMHappy Tuesday after Labor Day everybody! In other news, beloved Internet hangout reddit has spun out of Conde Nast and will become its own independent entity, reddit inc, owned by Conde Nast parent company Advance publications. In a blog post coincidentally enough entitled "Independence," reddit General Manager Erik Martin implies that the organizational change was due to a combination of technical issues related to company's ever expanding growth and a culture clash with Cond? Nast.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/PLq_appNvlg/

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