Comment

I recall that tencent had like a small stake in Reddit too. Like 10% or something like that. Or am I remembering wrong?

Sort:hotnew top

shawn1122@lemm.ee ⁨1⁩ ⁨day⁩ ago
As of their last filing in September it is 10 to 12%

source
catloaf@lemm.ee ⁨1⁩ ⁨day⁩ ago
They invested money, I don’t remember hearing that it got them any share of the company.

source
- ieatpillowtags@lemm.ee ⁨1⁩ ⁨day⁩ ago
  That’s typically what you get in return for an investment. The only question is if it’s enough of a share to give control or at least influence.
  
  source