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Reddit has finally gone public. From Sam Altman to Condé Nast owner Advance, here's who made bank. [Business Insider]
Last charter communications, inc. - class a earnings: 5/1 07:00 am
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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
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- Why Charter Communications Stock Sank Today [Yahoo! Finance][Yahoo! Finance]
- Charter (CHTR) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance][Yahoo! Finance]
- Charter (CHTR) Q1 Earnings Miss, Internet Revenues Rise Y/Y [Yahoo! Finance][Yahoo! Finance]
- Charter Announces First Quarter 2024 Results [Yahoo! Finance][Yahoo! Finance]
- Charter Announces First Quarter 2024 Results[PR Newswire]
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