Tuesday, October 31, 2006

happy halloween

Be warned, this is just a copy & paste from our reddit blog, but in case you missed it...

This morning, CondeNet acquired reddit. (Whoever submits this first is due for some major karma!) Needless to say, we're pretty excited.

We started reddit to solve a problem: There was tons of stuff on the Web; we wanted a front page to help us find the best of it.

Y Combinator took a chance on us and although we may have programmed reddit, we're not kidding ourselves: you all have made it everything that it is. A number of you even stuck with us after we switched away from Lisp.

As reddit grew, we were never quite sure where it would take us. To keep up with reddit's growth, we'd need to decide between taking more investment or getting acquired. As much as we enjoyed VCs taking us out to lunch, CondeNet's pitch was a little more enticing (they had better food).

We're still going to be the guys reading your feedback emails and keeping reddit chugging along. We've also been given about as much autonomy as an acquired company could get. In fact, they've insisted that we focus on growing reddit. With their resources, we're looking to do some neat things in the coming months.

The alien is also quite pleased.


kahfei said...
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