Wired Buys Reddit

Techcrunch � Blog Archive � Breaking News: Cond�Nast/Wired Acquires Reddit Well if nobody can afford the number one social news site, Digg, why not buy numer two. I have no idea what Wired paid for reddit but they got a pretty damn good property.

I like reddit a lot. It consistently produces great content and I use it a lot to sort interesting articles. It’s got less of a tech emphasis than Digg which isn’t good or bad, just different.

Congrats to the reddit guys and glad to hear that you all will be moving out here to San Francisco. Arrington said that reddit had raised about $100,000 in the summer of 2005 and currently has an average of 70,000 daily uniques and 700,000 page views.

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  1. R2K says:

    Good stuff! : )

  2. Tabigo says:

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  3. Shaun says:

    700,000 page views?

    That’s crazy talk.. wow.. I’d love some of that traffic!

    ** Shaun **
    My awesome blog: ohpunk.blogspot.com

  4. Good information. I am not a fan of reddit. Actually all of the tech sites are too technical for me, but yours is in simple speak. I’m so accustomed to the wonderfully arranged sites at YouthPlay that it is a little hard to follow less organized sites. Good stuff.

  5. g says:

    RIHANNA is HOT!!

  6. NoteTaker says:

    I don’t quite understand why Wired would purchase Reddit. It does not seem that they would benefit from a social news site.

    However, I have never really used Reddit so their could be hidden uses for Reddit that I have not explored.