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0 -0.000372263020745249 6.76841855899753E-05 -0.00142136789739083 -0.000270736742360094 -0.00121831534062071 -0.00197976242850851 -0.00284273579478146
Stock impact report

Reddit has finally gone public. From Sam Altman to Condé Nast owner Advance, here's who made bank. [Business Insider]

Charter Communications, Inc. - Class A (CHTR) 
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
Advance Magazine Publishers , owned by the famed Newhouse family , owns Condé Nast, which bought Reddit in 2006 for $10 million. In addition to Reddit, Advance owns several local newspapers and websites and invested in Warner Bros. Discovery and Charter Communications. The company also acquired the company that runs the Ironman Triathlon. Steven Newhouse has been co-president of Advance for 10 years and on Reddit's board since 2011. At $47 a share, those shares are worth about $2 billion. Tencent, investors in Reddit: $726 million Its stake is: 15,447,794 shares (4,327,422 Class A shares, 11,120,372 Class B shares) Chinese conglomerate Tencent owns about 9.7% of Reddit after the IPO. It invested capital in the company's Series C through F rounds. Tencent – the owner of WeChat and one of the world's biggest video game studio owners, including " League of Legends " creator Riot Games – led Reddit's Series D round, contributing $150 million of the $300 million round in 2019, Tec Show less Read more
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