- Forbes, Thursday, November 1, 2012 3:42 PM
Unlike other mainstream companies that stumbled when they bought hot digital properies, Conde Nast parent Advance Publications, which "spent little more than loose change in 2006 to acquire
Reddit, one of the Internet’s edgiest news and comment sites... could be looking at a 30-to-1 jackpot on a fast-growing property that’s arguably worth $240 million or more," writes
George Anders.
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