Tag Archives: conde nast

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Reddit Looks to Investors for Help and Buzz, not Cash

Reddit doesn’t have a cash problem. They had $20 million in the bank when they were given partial independence by Conde Nast two years ago and unless they’re buying solid gold servers and platinum-plated Macs to run the site, they probably have enough to keep

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Is Conde Nast Squandering Reddit’s Potential?

How many software engineers does it take to operate a site that serves over 1 billion pageviews a month? At Reddit, the answer is (hopefully) one, at least for now. Yesterday Senior Software Engineer Mike “Raldi” Schiraldi resigned to take on his “dream job” at