The most memorable thing about Conde Nast's acquisition of Reddit in 2006 was how angry their lawyer was about the deal. These kids getting millions of dollars for nothing!
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Steve was so worried that he asked me to delay the launch of Hacker News, which otherwise would have happened about then, lest opponents of the deal use that as ammunition to shoot it down.
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Is this the definition of “restraint of trade”?
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I remember reddit from 2006. It was basically HN. And then suddenly it started getting all this stuff for regular people. I think you launched HN about that time.
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Wow, I remember this but never knew about the HN launch delay!
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You can tell when HN was finished from the ages of the oldest accounts, like pg and spez, which were created on Oct 9 and 10, 2006. I delayed the launch for a little over 5 months, till Feb 2007.
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Looking back, was the Condé Nast deal a good idea? My memory is that it was a total culture shock for both Reddit and Condé Nast and that nothing obviously good came from it in terms of synergies, just additional friction.
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