at://jaystevens.me/app.bsky.feed.post/3ltptojytmc2r
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"createdAt": "2025-07-11T21:58:28.925Z",
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"description": "While Advance cannot sell its shares for six months, laying off staffers as it reaps billions from Reddit’s IPO could present an optics problem for Condé Nast.",
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"title": "Condé Nast’s parent made a $2 billion windfall from Reddit’s IPO. Now come the uncomfortable questions | CNN Business",
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"text": "At one point they owned Reddit, too - they outright owned it from 2006 to 2011 and still hold a lot of equity even today:\nwww.cnn.com/2024/03/22/m..."
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