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October 31, 2006

The next shoe drops

After we bought back our website in July, I promised that more was to come. Today I'm delighted to share another bit of good news: we've just acquired Reddit. Reddit is an evolution of the "voting" system pioneered by Digg: it's fast, clean and very scaleable to niche subject areas (read: Long Tail media).

To give you an example of how voting-based news sites can apply to news verticals, check out Lipstick.com, which applies the wisdom of crowds, if that's the term, to celebrity news. It's an experiment that we at Conde Nast and our online side, CondeNet, have been running on the Reddit platform for most of the year, and it's given us a lot of confidence in the technology.

Reddit's four employees--founders Steve Huffman and Alexis Ohanian, along with Christopher Slowe and Aaron Swartz, who joined later--will move to our offices in San Francisco. Having had the chance to hang out with them in the run-up to this deal--they are every bit as smart and energetic as you'd guess from the site, and geeky enough to fit in perfectly here--I can't wait. Expect both their technology and ideas to show up in our own site relaunch early next year.  

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Comments

Congrats! Having Aaron alone on your team is good enough reason to celebrate. Happy to see a spirit of experimentation showing some fruit at CondeNet.

Bravo from France.
vous avez fait une très belle opération.Riddit et Wire..;Wahouuu. Cela devrait fonctionner du tonnere.

I apologize if you've answered this question before...

But, why isn't YouTube mentioned in your book when it seems that you've included other recent phenomena.

I know you discuss the concept of viral embedded video, but the YouTube omission seemed puzzling.

Very much enjoyed reading the book.

One other question that I hope someone can help answer.

There was a very influential piece written in Wired in probably 1999 by a famous IT entrepeneur which predicted the ability of individuals to do both great good and evil. But, specifically warned about the evil.

In light of what has transpired in the last 7 years (from 9/11 to YouTube, etc), I'd love to re-read it.

I just can't remember who wrote it.

Never mind...

It was Bill Joy.

http://www.wired.com/wired/archive/8.04/joy.html

Google's awesome. I didn't think I could possible find it with only "wired magazine warning of the evils of technology" but I did.

Hey, Chris - I love reddit. I find that if I read one page of hot and one page of new, I've got most of the news I'll hear in other venues all day. If Conde Nast does for reddit what it does for Wired, I'm all for the acquisition.

I am not a game, I am not a world, I am WOWgame

Great post! congrat!

Bye,
Tom
Structured Settlement Forum

One other question that I want to know

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The Long Tail by Chris Anderson

Notes and sources for the book

FREE will be available in all digital forms--ebook, web book, and audiobook--for free shortly after the hardcover is published on July 7th (exact dates will be announced here as each form is released). The ebook and web book will be free for a limited time, the unabridged audiobook will be available free forever.[Update: the first free versions have now been released.]

Order the hardcover now!