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.